# Terex to merge with REV Group and exit Aerial Segment

Terex Corporation announced a planned merger with REV Group and its intention to exit its Aerial Segment.

- Type: Acquisition
- Announced: 2025-10-30
- Where: United States
- Value: $9.00B
- Status: announced
- Products: specialized equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md)
- [Terex Corporation](https://endata.com/companies/15079.md) (acquirer)
- [REV](https://endata.com/companies/55277.md) (partner)
- [REV](https://endata.com/companies/55277.md) (target)
- [Raimondi Cranes](https://endata.com/companies/87038.md) (acquirer)

## Sources

- [exa.ai](https://exa.ai/library/markets/stocks/TEX/earnings/FY2025/Q3/transcript), 2025-10-30: "Welcome to the Terex and REV Group Merger call."
- [business-news-today.com](http://business-news-today.com/terex-exits-aerials-segment-in-bold-9bn-merger-with-rev-group-to-form-specialty-equipment-leader/), 2025-10-30: "Terex Corporation and REV Group announced a definitive merger agreement valued at roughly $9 billion"
- [equipmentworld.com](https://www.equipmentworld.com/business/mergers-acquisitions/article/15770687/terex-to-merge-with-rev-group-exit-genie-aerial-business), 2025-10-30: "This transaction represents a transformative step for both companies."
- [pryorcashman.com](https://www.pryorcashman.com/news/pryor-cashman-client-terex-corporation-to-merge-with-rev-group-inc-in-9-billion-deal-and-sells-tower-and-rough-terrain-cranes-businesses-to-raimondi-cranes), 2025-11-24: "Pryor Cashman client Terex Corporation, a leading global manufacturer of materials processing and aerial work platforms, has entered into a strategic merger agreement with REV Group, Inc., creating a leading specialty equipment manufacturer with an enterprise value of approximately $9 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.