What is the Genie business worth and what type of buyer could it attract?
31 October 2025
Genie’s GTH-1044
Terex has announced that it will sell or spin off its Genie aerials business, as it moves further into the waste processing and utility vehicles market amid a merger with REV Group.
The formal process to exit aerials started on 30 October, at the same time as Terex unveiled its Q3 financial highlights. Overall revenue climbed to US$1.4 billion, up from $1.2 billion in the same period a year before.
But sales in Terex’s aerials division dropped 13.2% year on year to…
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