Terex's $2B Power Play: Expands North American Footprint With ESG Deal
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Terex Corporation Acquisition: Terex Corporation is acquiring Environmental Solutions Group (ESG) from Dover Corporation for $2 billion in cash, aiming to enhance its North American market presence and create a new Environmental Solutions segment with projected revenues of $1.4 billion.
Financial Impact and Expectations: The acquisition is expected to improve Terex's financial profile, contributing to revenue growth, EBITDA margin enhancement, and double-digit percentage adjusted EPS accretion by 2025, while also achieving identified synergies of approximately $25 million by the end of 2026.
Analyst Views on FTIF
Wall Street analysts forecast FTIF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTIF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
