Terex Corporation has signed a definitive agreement to acquire Keestrack, a Belgium-based global manufacturer of equipment for the aggregates, recycling, construction and demolition industries.

Founded in 1988, Keestrack manufactures mobile crushing, screening and related equipment and serves customers in more than 65 countries through a network of over 70 distributors.

This acquisition will expand Terex Materials Processing’s crushing and screening portfolio and strengthen its manufacturing and distribution capabilities. Following completion, Keestrack will continue to operate as an independent brand within Terex Materials Processing.

“Keestrack is a complementary addition to our aggregates portfolio, with established products, manufacturing capabilities and distribution,” said Pat Brian, vice president of 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. Until then, Keestrack will maintain its independent operations.