REV Group CEO Updates Employees on Terex Merger Progress, Shareholder Vote Set for January 28

summarizeSummary

REV Group's CEO informed employees about the upcoming shareholder vote on January 28, 2026, for the proposed merger with Terex Corporation, with closing expected shortly thereafter.

check_boxKey Events

• Merger Update to Employees

  Mark Skonieczny, President and CEO, communicated to all employees regarding the proposed business combination with Terex Corporation.

• Shareholder Vote Scheduled

  Special Shareholder Meetings for both REV Group and Terex Corporation are scheduled for January 28, 2026, for shareholders to vote on the proposed merger.

• Expected Transaction Closing

  The transaction is expected to close shortly after the shareholder meetings, contingent on approvals from both companies' shareholders.

• Combined Company Leadership

  Simon Meester, current President and CEO of Terex, will serve as the CEO of the combined company, supported by executives from both organizations.

auto_awesomeAnalysis

This filing provides a critical update on the proposed business combination between REV Group and Terex Corporation, signaling the near-term completion of a significant strategic transaction. The scheduling of special shareholder meetings for January 28, 2026, for both companies to vote on the merger, followed by an expected swift closing, removes a layer of uncertainty and provides a clear timeline for investors. The reiteration of the combined company's leadership structure and integration plans offers further clarity on the post-merger operational landscape. This development is highly important as it confirms the progression towards a transformational event for REV Group.