Terex and REV Group Merger

Fried Frank advised Terex Corporation on its merger with REV Group to form a premier specialty equipment manufacturer, which was completed on February 2, 2026.

Based on the transaction consideration, the combined company has an implied total enterprise value of approximately $9.0 billion. In connection to the completion of the merger, REV Group stock ceased trading and is no longer listed on the New York Stock Exchange. The combined company will now trade on the New York Stock Exchange as Terex Corporation (NYSE: TEX).

Terex Corporation is a global leader in specialized equipment solutions, serving essential sectors such as emergency services, waste and recycling, utilities, and construction. Read the companies' press release for more information about the transaction.

Fried Frank continues to counsel Terex on its various complex transactions. The firm previously advised the industrial equipment manufacturer on its $2 billion acquisition of the Environmental Solutions Group (ESG) business of Dover Corporation as well as a $2 billion financing for new term loans and a $750 million private offering of senior notes.

The Fried Frank team was led by corporate partners Philip Richter and Colum J. Weiden.

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