M&A Deal Summary

Terex Acquires Terex Advance Mixer

On May 1, 2002, Terex acquired machinery company Terex Advance Mixer

Acquisition Highlights
  • This is Terex’s 5th transaction in the Machinery sector.
  • This is Terex’s 3rd transaction in the United States.
  • This is Terex’s 1st transaction in Indiana.

M&A Deal Summary

Date 2002-05-01
Target Terex Advance Mixer
Sector Machinery
Buyer(s) Terex
Deal Type Special Situations/Distressed
Advisor(s) Lincoln International (Financial)

Target

Terex Advance Mixer

Fort Wayne, Indiana, United States
Advance Mixer is a designer and manufacturer of a full line of front discharge concrete mixer and pump trucks.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 6 of 22
Sector (Machinery) 5 of 17
Type (Special Situations/Distressed) 1 of 1
State (Indiana) 1 of 1
Country (United States) 3 of 14
Year (2002) 3 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-23 Genie Holdings

Redmond, Washington, United States

Genie Holdingsm, Inc., is a manufacturer of lifts, booms and work platforms used in the construction industry.

Buy $75M