REV Group CEO Updates Employees on Terex Merger Progress, Shareholder Vote Set for January 28
REVG has more than doubled off its 52-week low of $26.51 on light trading volume (0.2× avg).
Summary
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.
Key Events · M&A and Partnerships · REVG
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Merger Update to Employees
Mark Skonieczny, President and CEO, communicated to all employees regarding the proposed business combination with Terex Corporation.
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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.
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Expected Transaction Closing
The transaction is expected to close shortly after the shareholder meetings, contingent on approvals from both companies' shareholders.
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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.
Analysis · REVG · Manufacturing
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.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 966 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, REVG was trading at $66.64 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $26.51 to $67.07. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.