# Terex merges crane operations into Materials Processing division

Terex announced the merger of its Tower and Rough Terrain crane operations into its Materials Processing division. Marco Gentilini will report to Kieran Hegarty, president of Materials Processing.

- Type: Acquisition
- Announced: 2020-02-11
- Where: United States
- Status: announced
- Products: tower cranes, rough terrain cranes, Franna cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/34754/terex-cranes-to-become-part-of-materials-processing-division), 2020-02-11: "Consistent with our Focus, Simplify, and Execute to Win strategy, all of our businesses are now aligned with the potential for long term profitable growth."

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