M&A Deal Summary

Volvo Construction Equipment Acquires Terex - Off-highway Hauler Business

On December 9, 2013, Volvo Construction Equipment acquired automotive company Terex - Off-highway Hauler Business from Terex for 160M USD

Acquisition Highlights
  • This is Volvo Construction Equipment’s 1st transaction in the Automotive sector.
  • This is Volvo Construction Equipment’s largest (disclosed) transaction.
  • This is Volvo Construction Equipment’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2013-12-09
Target Terex - Off-highway Hauler Business
Sector Automotive
Buyer(s) Volvo Construction Equipment
Sellers(s) Terex
Deal Type Divestiture
Deal Value 160M USD

Target

Terex - Off-highway Hauler Business

Motherwell, United Kingdom
Terex's truck business manufactures and sells off-highway rigid and articulated haul trucks.

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Buyer(S) 1

Buyer

Volvo Construction Equipment

Sweden
Category Company
Sector Machinery
DESCRIPTION

Volvo Construction Equipment is a manufacturer of machinery. The Company's product range includes wheeled and crawler excavators (diggers), articulated haulers (dumpers, dump trucks), scraper haulers, wheel loaders, pipelayers, demolition equipment, waste handlers, motor graders, pavers, compactors, milling equipment, tack distributors, road wideners, material transfer vehicles and a range of compact equipment such as mini loaders, mini excavators, backhoe loaders and skidsteer loaders.

DEAL STATS #
Overall 2 of 2
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-03 SCS Equipment

Dallas, Texas, United States

SCS Equipment, Inc. is a provider of rental construction equipments.

Buy -

Seller(S) 1

SELLER

Terex

Norwalk, Connecticut, United States

website

Category Company
Founded 1986
Sector Machinery
Employees8,200
Revenue 4.4B USD (2022)
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 formed in 1925 and is based in Westport, Connecticut. Terex was founded in 1986 and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 4 of 8
Sector (Automotive) 2 of 2
Type (Divestiture) 4 of 7
Country (United Kingdom) 1 of 1
Year (2013) 2 of 2
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-16 Terex Roadbuilding Division

Oklahoma City, Oklahoma, United States

Terex Roadbuilding is a manufacturer of the broadest line of asphalt and concrete paving equipment in the world with product offerings in five customer-focused business units: Asphalt Mobile Equipment, Asphalt Plants, Concrete Mobile Equipment, Concrete Plants and Landfill Compaction.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 Dueco

Waukesha, Wisconsin, United States

Dueco, Inc. is the distribution and service.

Buy -
Mergr

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