{"id":8801,"date":"2024-07-24T07:54:21","date_gmt":"2024-07-23T21:54:21","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8801"},"modified":"2024-08-04T07:54:57","modified_gmt":"2024-08-03T21:54:57","slug":"terex-confirm-incredibly-exciting-esg-acquisition","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2024\/07\/24\/terex-confirm-incredibly-exciting-esg-acquisition\/","title":{"rendered":"Terex confirm \u2018incredibly exciting\u2019 ESG acquisition"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"Adam Daunt<\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Terex has announced a new acquisition. Image: Alexey Rezvykh\/stock.adobe.com<\/p>\n\n\n\n

Terex has confirmed the latest details around its acquisition of Environmental Solutions Group (ESG) from Dover Corporation in a $2-billion-dollar deal.  <\/p>\n\n\n\n

The agreement establishes Terex within the waste\/recycling market in North America. ESG made its name refuse collection vehicles, waste compaction machinery, balers and aftermarket equipment and digital solutions.  <\/p>\n\n\n\n

\u201cThis acquisition announcement of ESG marks an incredibly exciting milestone in our multi-year transformation and aligns with our goal of strengthening our portfolio and leveraging our operating system to drive sustainable, accelerated long-term growth,\u201d Terex president and chief executive officer Simon Meester said<\/a>.  <\/p>\n\n\n\n

\u201cESG will add a non-cyclical, financially accretive, and market-leading business to Terex\u2019s portfolio with tangible synergies in the fast-growing waste and recycling end market.  <\/p>\n\n\n\n

\u201cIn addition, ESG is led by a world-class management team and has a strong track record of operational excellence.\u201d  <\/p>\n\n\n\n

The deal is subject to close in the second half of 2024 subject to approvals and closing conditions. After the deal closes, Terex will create the new Environmental Solutions segment that includes ESG as well as Terex\u2019s existing utilities business.  <\/p>\n\n\n\n

It marks a new chapter for Terex which also recently launched a new brand, MAGNA, for the quarrying and aggregates<\/a> sector earlier this year.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Adam Daunt Terex has announced a new acquisition. Image: Alexey Rezvykh\/stock.adobe.com Terex has confirmed the latest details around its acquisition of Environmental Solutions Group (ESG) from Dover Corporation in a $2-billion-dollar deal.   The agreement establishes Terex within the waste\/recycling market in North America. ESG made its name refuse collection vehicles, waste compaction machinery, balers and … Continue reading “Terex confirm \u2018incredibly exciting\u2019 ESG acquisition”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,7],"tags":[],"class_list":["post-8801","post","type-post","status-publish","format-standard","hentry","category-clients","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2hX","jetpack-related-posts":[{"id":1246,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/01\/27\/chinas-zoomlion-makes-unsolicited-bid-to-acquire-terex\/","url_meta":{"origin":8801,"position":0},"title":"China\u2019s Zoomlion \uff08\u4e2d\u8054\u91cd\u79d1\uff09Makes Unsolicited Bid to Acquire Terex","author":"yinghui","date":"January 27, 2016","format":false,"excerpt":"Terex Corp. has received an unsolicited, non-binding acquisition proposal from China\u2019s Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $30.00 in cash. The proposal is conditioned on, among other things, receipt of U.S. and Chinese regulatory approval and Zoomlion shareholder approval.\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8192,"url":"https:\/\/yinghuiinternational.com\/index.php\/2022\/03\/18\/terex-slaps-on-new-coat-of-paint-in-mds-rebrand\/","url_meta":{"origin":8801,"position":1},"title":"Terex slaps on new coat of paint in MDS rebrand","author":"yinghui","date":"March 18, 2022","format":false,"excerpt":"Terex has rebranded its recently acquired brand of trommels, apron feeders and conveyors \u2013 MDS \u2013 as it expands the company\u2019s facilities and product range.\u00a0 MDS was established in 1995 and grew to deliver its first mobile model by 2015.\u00a0\u00a0 In July 2021, Terex acquired the company to expand its\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"Terex","src":"https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2022\/03\/M412-FRONT-ISO-WORKING-1024x457.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2022\/03\/M412-FRONT-ISO-WORKING-1024x457.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2022\/03\/M412-FRONT-ISO-WORKING-1024x457.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2022\/03\/M412-FRONT-ISO-WORKING-1024x457.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1720,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/08\/10\/major-hurdles-cleared-in-terex-and-konecranes-deal\/","url_meta":{"origin":8801,"position":2},"title":"Major hurdles cleared in Terex and Konecranes deal","author":"yinghui","date":"August 10, 2016","format":false,"excerpt":"THE proposed sale of Terex\u2019s Material Handling and Port Solutions (MHPS) business to Konecranes has just cleared two major hurdles, with sales completion still expected to occur in early 2017. The deal, worth US$820 million ($1.12 billion) to Terex along with 19.6 million Konecranes shares, has now been given approval\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8189,"url":"https:\/\/yinghuiinternational.com\/index.php\/2022\/03\/11\/terex-makes-a-move-in-malaysia\/","url_meta":{"origin":8801,"position":3},"title":"Terex makes a move in Malaysia","author":"yinghui","date":"March 11, 2022","format":false,"excerpt":"The Terex equipment was successfully relocated over 150km through Malaysia. Image: Terex MPS. Terex MPS has managed to relocate a range of crushers in a remote forest reserve in Sabah, Malaysia, highlighting the durability of the machinery. \u00a0 The equipment was originally installed 150km away from Sabah and hadn\u2019t been\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2023\/04\/crusher-relocate-2-1024x596-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2023\/04\/crusher-relocate-2-1024x596-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2023\/04\/crusher-relocate-2-1024x596-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2023\/04\/crusher-relocate-2-1024x596-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2442,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/06\/27\/terex-trucks\/","url_meta":{"origin":8801,"position":4},"title":"TEREX TRUCKS","author":"yinghui","date":"June 27, 2017","format":false,"excerpt":"Terex Trucks has teamed up with Porter Group to distribute its articulated haulers. ARTIC TRUCK PRODUCER BRANCHES OUT WITH NEW PARTNERSHIP Posted June 26, 2017\u00a0|\u00a0By Talia Paz \u2022 Staff Journalist Terex Trucks has teamed up with Porter Group, a leading supplier of heavy equipment throughout Australia and New Zealand, to\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1316,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/04\/03\/major-quarry-supplier-opens-new-global-parts-facility\/","url_meta":{"origin":8801,"position":5},"title":"MAJOR QUARRY SUPPLIER OPENS NEW GLOBAL PARTS FACILITY","author":"yinghui","date":"April 3, 2016","format":false,"excerpt":"A major international quarry plant supplier has opened a new global parts facility that could have flow-on benefits for Australian quarry customers. 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