M&A - TEREX CORP
Form Type: DEF 14A
Filing Date: 2025-04-01
Corporate Action: Acquisition
Type: New
Accession Number: 000009721625000077
Filing Summary: Terex Corporation announced its 2025 Annual Meeting of Stockholders scheduled for May 14, 2025. The meeting will include various proposals including the election of eight directors, an advisory vote on the compensation of named executive officers, and the ratification of KPMG LLP as the independent registered public accounting firm for 2025. The company reported net sales of $5.1 billion and operating margins over 10% for 2024. The recent key highlight is the largest acquisition in company history, the purchase of Environmental Solutions Group, enhancing Terex's position in the waste and recycling market, reducing cyclicality, and promising long-term growth. The notice encourages stockholders to participate and vote promptly.
Additional details:
Stock Symbol: TEX
Annual Meeting Date: 2025-05-14
Record Date: 2025-03-20
Net Sales 2024: 5.1 billion
Operating Margin 2024: 10%
Largest Acquisition: Environmental Solutions Group
Acquisition Impact: leader in waste and recycling market
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