Right Lane Industries Completes Acquisition of Capacity Trucks and LayMor from Terex Corporation
Right Lane Industries has completed its acquisition of Capacity Trucks and LayMor from Terex Corporation (NYSE: TEX), with both Longview, Texas businesses now operating as standalone companies under RLI ownership. Financial terms were not disclosed. RLI acquired 100% of the membership interests, with existing management and workforce retained and Terex providing transition services for an orderly separation.
Key figures
- Deal terms
- Financial terms not disclosed
- Ownership sold
- 100% of membership interests of Capacity and LayMor businesses
AI analysis
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