Terex Corporation has signed a definitive agreement to acquire Keestrack, a Belgian manufacturer of mobile crushing and screening equipment, the companies said on 30 October 2026. Financial terms were not disclosed.
Why Terex Corporation is buying Keestrack
Terex said Keestrack would expand the crushing and screening portfolio of its Materials Processing segment and add manufacturing and distribution capacity.
“Keestrack is a complementary addition to our aggregates portfolio, with established products, manufacturing capabilities and distribution.”
Deal terms and financing
Keestrack will continue as an independent brand within Terex Materials Processing. Peter and Frederik Hoogendoorn will remain in leadership roles, and co-founders Kees and Annet Hoogendoorn will support a transition period.
Regulatory approvals and timing
The deal is subject to regulatory approvals and customary closing conditions and is expected to close in the fourth quarter of 2026. Keestrack will operate independently until then.
Market context
Keestrack was founded in Belgium in 1988 and serves aggregates, recycling, construction and demolition customers through more than 70 distributors.
