Terex Completes Merger with REV Group, Anticipates $75M in Synergies
TEX sits 87% above its 52-week low of $31.53 on elevated volume (7.4× avg).
Summary
Terex Corporation has finalized its acquisition of REV Group, creating a diversified specialty equipment manufacturer and anticipating substantial synergies.
Key Events · M&A and Partnerships · TEX
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Merger Completion
Terex Corporation completed its acquisition of REV Group, Inc. on February 2, 2026, as previously announced.
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Merger Consideration
Each share of REV common stock was converted into 0.9809 shares of Terex common stock and $8.71 in cash.
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Synergy Expectations
The combined company anticipates achieving $75 million in run-rate value-creating synergies by 2028, with approximately 50% expected within the next twelve months.
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Board of Directors Changes
The Terex board expanded to twelve members, with two directors resigning and five former REV Group directors joining the board.
Analysis · TEX · Technology
Terex Corporation has successfully completed its previously announced merger with REV Group, marking a significant strategic transformation for the company. This finalizes the acquisition process, following stockholder approval on January 29, 2026. The combined entity is positioned as a premier specialty equipment manufacturer, with management projecting substantial value-creating synergies of $75 million annually by 2028. This merger is expected to accelerate profitable growth and enhance the company's market resilience. Investors should monitor the integration process and progress towards achieving the stated synergy targets.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. 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, TEX was trading at $58.99 on NYSE in the Technology sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $31.53 to $62.51. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.