M&A Deal Summary

Terex Acquires CMI

On October 1, 2001, Terex acquired machinery company CMI

Acquisition Highlights
  • This is Terex’s 2nd transaction in the Machinery sector.
  • This is Terex’s 2nd transaction in the United States.
  • This is Terex’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2001-10-01
Target CMI
Sector Machinery
Buyer(s) Terex
Deal Type Add-on Acquisition

Target

CMI

Oklahoma City, Oklahoma, United States
CMI Corp. is a manufacture of automated machinery for various industry.

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Buyer(S) 1

Buyer

Terex

Norwalk, Connecticut, United States
Category Company
Founded 1933
Sector Machinery
Employees10,200
Revenue 5.2B USD (2023)
DESCRIPTION
View of Terex's corporate headquarters in Westport, Connecticut.
View of Terex's corporate headquarters in Westport, Connecticut.

Terex is a diversified manufacturer operating in four business segments, Aerial Work Platforms, Construction, Cranes and Materials Processing. Terex was founded in 1933 and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 3 of 22
Sector (Machinery) 2 of 17
Type (Add-on Acquisition) 3 of 15
State (Oklahoma) 1 of 1
Country (United States) 2 of 14
Year (2001) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Jaques

Thailand

Jaques Ltd. is a manufacture of crushing and screening machines for industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-01 The Schaeff Group

Germany

The Schaeff Group is a German manufacturer of compact construction equipment, including mini and midi excavators, compact wheel loaders, and a full range of scrap material handlers.

Buy -
Mergr

Product

Company

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