Dover agrees to sell Environmental Solutions Group to Terex for $2.0 billion in cash
On July 21, 2024, Dover entered into an agreement to sell its Environmental Solutions Group businesses to Terex Corporation for $2.0 billion in cash, subject to customary adjustments. Closing depends on customary conditions, including expiration of the Hart-Scott-Rodino waiting period, and either party may terminate if the deal is not completed by April 21, 2025. The filing does not state the financial effect of the sale on Dover's earnings or the use of proceeds.
Key points
- Buyer: Terex Corporation; price: $2.0 billion in cash, subject to customary transaction adjustments
- Agreement signed July 21, 2024; either party may terminate if the deal is not consummated by April 21, 2025
- Closing requires the expiration or termination of the Hart-Scott-Rodino waiting period and no governmental order blocking the deal
- Full agreement to be filed as an exhibit to the Form 10-Q for the quarter ending September 30, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.