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Terex Corporation announced a planned merger with REV Group and its intention to exit its Aerial Segment.
Raimondi Cranes has entered into a definitive agreement to acquire Terex Tower Cranes, Terex Self-Erecting Cranes, Terex Rough Terrain Cranes, and a US-based support unit from Terex Corporation. Around 250 employees will join Raimondi Group.