Terex (TEX) has signed a definitive agreement to acquire Environmental Solutions Group from Dover (DOV), in a $2.0 billion all-cash deal. When adjusted for the present value of expected tax benefits of approximately $275 million, the purchase price is $1.725 billion. ESG is specialized in the design and manufacturing of refuse collection vehicles, waste compaction equipment, and associated parts and digital solutions.
ESG is comprised of product brands — Heil, Marathon, Curotto-Can, and Bayne Thinline, as well as digital solutions offerings 3rd Eye and Soft-Pak.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.