Terex Port Solutions

[ACTIVE]

HQ: Westport, CT · Est. 2011 · 1 model registered

As of Sep 2026, DEPLOY verifies Terex Port Solutions: 1 model. 1 source back the record.

Ownership

ACTIVE

Capital / Funding

Undisclosed

Headquarters

Westport, CT

IP / Patents

Undisclosed

Platform Models

1

Audited Incidents

0

Overview

Terex Port Solutions (formerly Terex Material Handling & Port Solutions, MHPS) was a division of Terex Corporation providing port automation and terminal equipment, including automated straddle carriers, terminal tractors, and crane systems. In May 2016, Terex agreed to sell MHPS to Konecranes for EUR 1,126 million; the acquisition completed in January 2017, making Konecranes the world's largest port equipment manufacturer. Terex also owns ZenRobotics, a robotic waste sorting company whose AI-powered robots operate in 15+ countries.

Audited Posture AssessmentPeer Percentile: 21.1%

Limited public visibility and press coverage relative to peers.

  • SUBSIDIARY

Key Facts

FocusPort and terminal equipment.
HQNorwalk, CT.
ParentTerex Corporation
StagePublic company (NYSE: TEX).
TypeUS multinational.
SubsidiaryZenRobotics (robotic waste sorting)
Acquired byKonecranes (January 2017, EUR 1,126M)
President MHPSSteve Filipov
Acquisition valueEUR 1,126 million

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for Terex Port Solutions.

Leadership & Founders

2 entries

Current Program Leadership & Executives

Simon Meestersecondary-verified

CEO

Steve Filipovreported, not verified

President MHPS

Partnerships & Commercial Deployments

2 entries
Total Tracked2
Operating2
Announced0
Concluded0

Key Recurring Partners

AWS1 · 1× joint · 976 total
NVIDIA2 · 1× joint · 1110 total

Recent Verified Partnerships

  • Partnership

    MOST RECENT

FAQ

11 entries
What is Terex Port Solutions?

Terex Port Solutions (formerly Terex Material Handling & Port Solutions, MHPS) was a division of Terex Corporation providing port automation and terminal equipment, including automated straddle carriers, terminal tractors, and crane systems. In May 2016, Terex agreed to sell MHPS to Konecranes for EUR 1,126 million; the acquisition completed in January 2017, making Konecranes the world's largest port equipment manufacturer. Terex also owns ZenRobotics, a robotic waste sorting company whose AI-powered robots operate in 15+ countries.

What does Terex Port Solutions make?

Terex Port Solutions has 1 robot model on the DEPLOY registry: Terex Port System (Terex Port Solutions builds both physical robots and the AI that runs them).

Is Terex Port Solutions publicly traded?

Terex Port Solutions is not an independent public company; it has been acquired, per the DEPLOY registry.

Who is the CEO of Terex Port Solutions?

Simon Meester is the ceo of Terex Port Solutions, per the DEPLOY registry.

How can I invest in Terex Port Solutions?

Terex Port Solutions has no separately traded stock; it has been acquired.

Where is Terex Port Solutions headquartered?

Terex Port Solutions is headquartered in Westport, CT.

Who owns Terex Port Solutions?

Terex Port Solutions has been acquired and is no longer independently owned.

Where does Terex Port Solutions operate robots?

Terex Port Solutions is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is Terex Port Solutions a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Terex Port Solutions ranks in roughly the top 79% of companies tracked by the registry.

When was Terex Port Solutions founded?

Terex Port Solutions was founded in 2011.

Is Terex Port Solutions safe?

Terex Port Solutions has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.