- The transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions

Terex^® Corporation (NYSE: TEX) today announced it has signed a definitive agreement to acquire Keestrack, a globally recognized manufacturer of mobile crushing, screening and related equipment serving the aggregates, recycling, construction and demolition industries. Financial terms were not disclosed.

Founded in Belgium in 1988, Keestrack manufactures mobile crushing, screening and related equipment and serves customers in more than 65 countries through a network of over 70 distributors.

The acquisition will expand Terex Materials Processing’s crushing and screening portfolio and add manufacturing and distribution capabilities. Following completion, Keestrack will continue to operate as an independent brand within the Terex Materials Processing portfolio.

“Keestrack is a complementary addition to our aggregates portfolio, with established products, manufacturing capabilities and distribution,” said Pat Brian, Vice President, Terex Aggregates. “We look forward to working with the Keestrack team following completion of the transaction.”

“Terex Materials Processing provides a strong platform for Keestrack’s next phase,” said Kees Hoogendoorn, Co-Founder and President of Keestrack Group. “Its approach allows Keestrack to maintain its brand and customer focus while gaining access to additional resources and capabilities.”