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Terex Expands Waste & Recycling Operations With $2B Purchase Of Dover's Environmental Solutions Group

Author: Benzinga Newsdesk | July 22, 2024 06:58am

Purchase price of $2.0 billion; $1.725 billion net of expected tax benefits
Reduces cyclicality, delivers financial accretion and lowers capital intensity
Unlocks ~$25 million of cost and revenue synergies by 2026
Enhances presence in attractive waste & recycling segment; expands North American addressable market

Posted In: DOV TEX