Terex MP acquires ProAll, Canada’s leading producer of volumetric concrete mixers

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NORWALK, Conn. , Aug. 1, 2022 /PRNewswire/ — Terex Materials Processing (MP), a global leader in aggregates, environment, concrete, lifting and handling machinery, announced the acquisition of Canadian company ProAll, a specialized manufacturer of cellular volumetric concrete mixers.

ProAll volumetric mixers provide on-demand cellular concrete delivery that eliminates delivery time issues between a concrete plant and a job site by delivering ingredients that are combined and according to the precise specifications of each task.

The addition of these products will allow Terex to expand its presence in the U. S. concrete markets. In the U. S. , ProAll joins Terex Advance, the U. S. leader. The U. S. In the Front-Discharge Mixer Truck Industry, and Terex Bid-Well, the U. S. leader. U. S. pavers for bridges and canals, such as MP holding companies. ProAll also sells in markets outside the U. S. In the U. S. , adding a new size to the existing portfolio and creating new opportunities for growth abroad.

Kieran Hegarty, President of Terex Materials Processing, said: “ProAll will offer us exciting customers to expand into new markets and develop our presence in concrete. We look to the future to embark on this adventure with our new colleagues from Alberta and Texas. “

About Terex:

Terex is a global manufacturer of curtain processing machines and aerial painting platforms. We design, manufacture and support products used in construction, maintenance, manufacturing, energy, recycling, minerals and fabric control applications. Some Terex products and responses allow consumers to reduce their effect on the environment by adding electric and hybrid offerings that offer quiet, emission-free performance, products that help renewables, and products that help recover useful tissues from various types of waste. Our products are manufactured in North America, Europe, Australia and Asia and sold worldwide. We interact with consumers at all stages of the product lifecycle, from initial specification and financing to portions and technical support. You can learn more about Terex at: www. Terex. com.

Coordinates:

Terex CorporationJulie BeckSepide President, Chief Financial Officer(203) 200-5979InvestorRelations@terex. com

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SOURCE Terex Corporation

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