Terex to acquire Keestrack to expand crushing and screening portfolio
Terex will acquire Keestrack to expand its Materials Processing portfolio; terms were not disclosed and closing is expected in the fourth quarter of 2026.
Terex Corporation (NYSE: TEX) said it signed a definitive agreement to acquire Keestrack, a Belgian maker of mobile crushing and screening equipment, in a deal that expands its Materials Processing portfolio.
Portfolio expansion without disclosed price
Terex did not disclose financial terms. Keestrack serves aggregates, recycling, construction and demolition customers in more than 65 countries through over 70 distributors. Terex said the business will continue as an independent brand after closing.
Closing expected in the fourth quarter
The transaction is subject to customary regulatory approvals and other closing conditions. Peter and Frederik Hoogendoorn are expected to continue in leadership roles, while Kees and Annet Hoogendoorn will support the transition.
Sources
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