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Terex MP Acquires ProAll, Canada’s Leading Producer of Volumetric Mixers for Concrete

, /PRNewswire/ — Terex Materials Processing (MP), a worldwide leader in aggregate, environmental, concrete, lifting, and handling machinery, today announced the acquisition of the Canadian company ProAll, an expert producer of mobile volumetric concrete mixers.

ProAll’s volumetric mixers provide make-to-order, mobile concrete delivery that eliminate concerns over delivery time taken between a concrete plant and employment site by delivering things that are mixed locally also to the precise specifications of every job.

The addition of the products will enable Terex to expand its presence in US concrete markets, where ProAll joins Terex Advance, the united states industry leader in the front discharge mixer trucks, and Terex Bid-Well, the united states leader in roller pavers for bridge and canal work, as businesses in the MP portfolio. ProAll also sells to non-US markets, adding a fresh dimension to the present portfolio and creating significant new opportunities for international growth.

Kieran Hegarty, President Terex Materials Processing commented: “ProAll provides us with exciting prospects to expand into new markets and grow our presence in concrete. We anticipate getting into this journey as well as our new colleagues in Alberta and Texas.”

About Terex:

Terex is really a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products found in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. Certain Terex products and solutions enable customers to lessen their environmental impact including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that assist in the recovery of useful materials from numerous kinds of waste. Our products are stated in THE UNITED STATES, Europe, Australia and Asia and sold worldwide. We build relationships customers through all stages of the merchandise life cycle, from initial specification and financing to parts and service support. More info about Terex can be acquired on: www.Terex.com.

Contact Information:

Terex Corporation

Julie Beck

Senior Vice President, Chief Financial Officer

(203) 200-5979

InvestorRelations@terex.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/terex-mp-acquires-proall-canadas-leading-producer-of-volumetric-mixers-for-concrete-301596513.html

SOURCE Terex Corporation

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