Terex to Acquire Keestrack, Manufacturer of Mobile Crushing, Screening and Related Equipment
Terex Corp. this week announced it has signed a definitive agreement to acquire Keestrack, a globally recognized manufacturer of mobile crushing, screening and related equipment serving the aggregates, recycling, construction and demolition industries. Financial terms were not disclosed.
Founded in Belgium in 1988, Keestrack manufactures mobile crushing, screening and related equipment and serves customers in more than 65 countries through a network of more than 70 distributors. The acquisition will expand Terex Materials Processing’s crushing and screening portfolio and add manufacturing and distribution capabilities. Following completion, Keestrack will continue to operate as an independent brand within the Terex Materials Processing portfolio.
“Keestrack is a complementary addition to our aggregates portfolio, with established products, manufacturing capabilities and distribution,” said Pat Brian, vice president, Terex Aggregates. “We look forward to working with the Keestrack team following completion of the transaction.”
“Terex Materials Processing provides a strong platform for Keestrack’s next phase,” said Kees Hoogendoorn, co-founder and president of Keestrack Group. “Its approach allows Keestrack to maintain its brand and customer focus while gaining access to additional resources and capabilities.”
Following completion, Peter and Frederik Hoogendoorn will continue in leadership roles within Keestrack. Kees and Annet Hoogendoorn will support the business during a transition period. The transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions. Keestrack will continue to operate independently until completion.
Source: Terex Corp.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.
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