Terex Completes Acquisition of ESG From Dover Corporation

Terex Corporation (TEX) has completed the previously announced acquisition of Dover Corpration's (DOV) Environmental Solutions Group ("ESG"). This adds a market leader in waste and recycling to its portfolio. It will also enhance its financial profile, including revenues, free cash flow, EBITDA margin and earnings per share. Background of the Terex-Dover Deal On July 22, 2024, TEX and Dover announced that they had inked a deal per which Terex would acquire the latter's ESG Group in a $2 billion all-cash tra ...