Terex puts Genie up for sale, as it merges with REV Group
30 October 2025
A Genie GS-1932 scissor lift in the Texas First Rentals fleet.
Industrial equipment firm Terex has unveiled plans to exit its aerials business and merge with US-based counterpart REV Group, which manufacturers speciality vehicles including fire trucks, ambulances, and recreational vehicles.
Terex said it was “pursuing strategic options” to exit the aerials segment, which likely means the sale of its Genie business.
Explaining the motivation behind the announcement, Terex said it wanted to “reduce its exposure to cyclical end markets”.
The announcement coincided with Terex’s Q3 2025 financial highlights.…
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