# TEREX CORP (TEX) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_94daca403f4a235d990d · retrieved 2026-08-11T16:11:24.752Z

## Overview
Terex Corporation manufactures and distributes specialty equipment including emergency response vehicles, waste and utilities equipment, material processing equipment, and mobile elevating work platforms; REV Group manufactures and distributes specialty vehicles including fire apparatus, ambulances, recreational vehicles, and industrial sweepers.

Terex Corporation completed its acquisition of REV Group, Inc. on February 2, 2026, pursuant to a merger agreement dated October 29, 2025. Each outstanding REV share was converted into 0.9809 shares of Terex common stock and $8.71 in cash. The provisional purchase consideration totaled $3,384 million, comprising $426 million in cash, $122 million for settlement of REV's outstanding debt, $2,828 million in equity value (based on 47.9 million Terex shares issued at $58.99 per share), and $8 million for converted unvested share-based awards. REV ceased to be listed on the NYSE and was subsequently deregistered as a public company.

## Terms
- Counterparty: REV Group, Inc. · Deal value: $3.38B · Consideration: mixed · Price/share: $8.71

## Key dates
- Completed 2026-02-02

## Timeline
- 2026-07-31 · 8-K (0000097216-26-000124): 8-K - TEREX CORP — *Terex Corporation manufactures and distributes specialty equipment including emergency response vehicles, waste and utilities equipment, material processing equipment, and mobile elevating work platforms; REV Group manufactures and distributes specialty vehicles including fire apparatus, ambulances, recreational vehicles, and industrial sweepers.* Terex Corporation completed its acquisition of REV Group, Inc. on February 2, 2026, pursuant to a merger agreement dated October 29, 2025. Each outstanding REV share was converted into 0.9809 shares of Terex common stock and $8.71 in cash. The provisional purchase consideration totaled $3,384 million, comprising $426 million in cash, $122 million for settlement of REV's outstanding debt, $2,828 million in equity value (based on 47.9 million Terex shares issued at $58.99 per share), and $8 million for converted unvested share-based awards. REV ceased to be listed on the NYSE and was subsequently deregistered as a public company.
  https://www.sec.gov/Archives/edgar/data/97216/0000097216-26-000124.txt

## Citations
- 0000097216-26-000124 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000009721626000124