The acquisition is set to expand Terex Materials Processing’s equipment offering and manufacturing capabilities, while allowing Keestrack to retain its independent brand identity.
Terex Corporation has entered into a definitive agreement to acquire Belgian equipment manufacturer Keestrack, in a move aimed at strengthening its position in the global materials processing industry.
The proposed acquisition will broaden Terex Materials Processing’s portfolio of crushing and screening equipment while adding to its manufacturing and distribution capabilities. Keestrack specialises in mobile crushing, screening and associated equipment for the aggregates, recycling, construction and demolition sectors.
Established in Belgium in 1988, Keestrack has developed an international presence, supplying equipment to customers in more than 65 countries through a distribution network comprising over 70 distributors.
Following completion of the transaction, Keestrack is expected to retain its identity as an independent brand within the Terex Materials Processing portfolio. This arrangement will allow the manufacturer to continue serving its established customer base while benefiting from the additional resources and capabilities of the wider Terex organisation.
Pat Brian, Vice President of Terex Aggregates, described Keestrack as a complementary addition to the company’s existing aggregates portfolio, highlighting its established product range, manufacturing capabilities and distribution network.
Kees Hoogendoorn, Co-Founder and President of Keestrack Group, said the Terex Materials Processing platform would provide a strong foundation for the company’s next phase of development, while enabling it to preserve its brand identity and customer-focused approach.
The existing Keestrack leadership structure is also expected to remain largely intact following the acquisition. Peter and Frederik Hoogendoorn will continue in leadership positions, while Kees and Annet Hoogendoorn will assist with the transition process.
The transaction is expected to be finalised during the fourth quarter of 2026, subject to customary regulatory approvals and the fulfilment of closing conditions. Until the acquisition is completed, Keestrack will continue operating independently.
Financial details of the proposed transaction have not been disclosed.
The acquisition represents a strategic development for Terex Materials Processing, bringing together two established equipment businesses with complementary capabilities in crushing, screening and materials processing. It is expected to strengthen Terex’s offering across key industrial markets, including aggregates production, mining-related applications, construction and recycling.
