Kyle Menges

David Raso

Jerry Revich

Mircea Dobre

Tami Zakaria

Angel Castillo

Jamie Cook

Stephen Volkmann

Steve Barger

Timothy Thein

Angel Castillo Malpica

Michael Feniger

Steven Fisher

Tim Thein

- **Terex Corporation** has signed a definitive agreement to sell its **Terex® Tower and Rough Terrain Cranes businesses** to **Raimondi Cranes SpA**.  **[97216_20250902NY63328:0]** 
- The transaction includes the Terex Tower Cranes facility in Fontanafredda, Italy, the Terex Rough Terrain Cranes facility in Crespellano, Italy, and the Terex North America Cranes service and support operation in Wilmington, North Carolina, United States.  **[97216_20250902NY63328:0]** 
- The sale is expected to close in the **second half of 2025**, subject to government regulatory approvals and other customary closing conditions.  **[97216_20250902NY63328:0]** 
- This divestiture aligns with Terex's strategic focus to **reduce cyclicality** while accelerating growth and further leveraging synergies across its Materials Processing, Aerials, and Environmental Solutions business segments.  **[97216_20250902NY63328:0]**

Terex to Sell Tower and Rough Terrain Cranes Businesses

TEREX (TEX)