Terex Corporation and REV Group, Inc. has revealed that they have each received the necessary stockholder approvals to complete the previously announced merger of Terex and REV at each company’s Special Meeting of Stockholders.
Based on the results of the votes at each of the Terex and REV Special Meetings, the companies expect to close the transaction in the first week of February 2026.
Subject to the satisfaction or waiver of the remaining closing conditions.
Simon Meester, Chief Executive Officer of Terex commented: “Today’s vote demonstrates our stockholders’ confidence in our strategic combination with REV.
“Which will create a stronger, more diversified company with a complementary portfolio of specialty equipment businesses, enhanced financial flexibility and significant value-creating synergies that position us for sustainable, long-term growth.”
Mark Skonieczny, Chief Executive Officer of REV added: “These results solidify our belief that the transaction will unlock significant value for both Terex and REV stockholders and create exciting opportunities for our employees and customers by strengthening our ability to invest in the combined business, innovate and deliver quality solutions.”
Terex Corporation and REV Group, Inc. has revealed that they have each received the necessary stockholder approvals to complete the previously announced merger of Terex and REV at each company’s Special Meeting of Stockholders.
