Right Lane Acquires Capacity Trucks and LayMor from Terex Ahead of Third-Quarter Results
Key Facts
Right Lane Industries announced on October 26, 2026, that it had completed its acquisition of Terex Corporation’s Capacity Trucks and LayMor units in a deal whose financial terms were not disclosed, according to Reuters via Investing.com. The two companies will continue operating from their headquarters in Longview, Texas, under their current brands. Right Lane said the existing management teams and employees would remain in place after the acquisition. Terex will provide transition services for a limited period after the deal closes; the source did not specify the duration. The deal separates two industrial businesses from their parent company, but their description as non-core businesses came from Right Lane, as reported by the source, rather than from a statement by Terex.
Capacity Trucks serves supply-chain and transportation operations at sites where shipments move between modes of transport or to distribution centers. The company dates its founding to 1974 and makes yard tractors that move freight at ports, intermodal rail terminals and distribution centers. LayMor designs and manufactures street sweepers used by customers in construction, industrial, municipal and rental sectors. The two businesses combine equipment for handling goods at logistics sites with road-maintenance equipment, while each company will retain its brand after the sale. Both are headquartered in Longview, where they will continue operations after the ownership transfer.
Right Lane describes itself as a private industrial holding company focused on corporate carve-outs, restructurings and special situations. Carve-outs involve transferring units or businesses from existing companies to an independent owner, the framework under which the buyer places this deal. Right Lane also says it has no fixed time horizon for holding portfolio companies. The source gave no details about the expected ownership period for the two units or operational changes beyond the continuation of their management, employees and brands. The sale value was not announced, so the disclosure provides no figures with which to measure the deal’s financial consideration or compare it with Terex’s results.
The deal comes as Terex reported sales of $5.4 billion in fiscal 2025, up 5.7% from $5.1 billion in 2024, according to the company’s annual results. Performance varied by business, however: sales in the Materials Processing segment fell 11.6% in 2025 to $1.7 billion, a year-over-year decline of $221 million. In the second quarter of 2026, sales were $2.2 billion, up 50.5% on a reported basis, while pro forma organic sales rose 8.5%. The company recorded adjusted earnings before interest, taxes, depreciation and amortization of $269 million, with a 12.0% margin. These figures provide broader operating context for the deal, but do not establish the impact of the units’ sale on Terex’s results or outlook.
In July, Terex raised its 2026 outlook to sales of $7.9 billion to $8.2 billion and adjusted earnings before interest, taxes, depreciation and amortization of $960 million to $1 billion. In the second quarter, orders were about $2.0 billion, up 25.2% on a pro forma basis from the same period a year earlier, and the backlog reached $6.9 billion. These indicators put the company’s annual outlook and accumulated demand in the background of the sale announcement, without the disclosure linking them to the decision to transfer Capacity Trucks and LayMor. The stock remains listed on the New York Stock Exchange under the ticker TEX. It closed at $51.29 on October 23, 2026, the latest closing price included in EL7 data accompanying the news.
Terex is scheduled to review its third-quarter 2026 results in a conference call on Wednesday, October 28, at 8:30 a.m. Eastern time, according to the company’s filing with the U.S. Securities and Exchange Commission. The call will take place two days after the announcement that the deal was completed and will present results for the next financial period on the company’s disclosure calendar. Terex had already raised its annual outlook range in July, while second-quarter data showed growth in orders and pro forma organic sales. The acquisition announcement did not specify a separate date for disclosing the financial terms or the sale’s financial impact. The upcoming results announcement is therefore the next scheduled investor update disclosed by Terex.