acquisitions
Liebherr expands partnership with RECO
Liebherr Construction Equipment has expanded its partnership with RECO Equipment through RECO’s acquisition of Republic Crane. Republic Crane has locations in Charlotte, N.C. and Florence, Ky. According to the companies, these locations will now operate under the full-line Liebherr contract,… Keep Reading
Vulcan finishes third quarter with six additional acquisitions
Vulcan Materials has completed six acquisitions during the third quarter that will expand its presence in the United States, says an article on Yahoo Finance. The most recent of these acquisitions include five aggregates facilities and associated downstream assets in… Keep Reading
Martin Marietta-Texas Industries deal approved with conditions
The U.S. Department of Justice approved Martin Marietta Materials Inc.’s $2.7 billion purchase of Texas Industries Inc., Bloomberg reports. Part of the approval is a requirement that Martin Marietta sell a few assets. According to Bloomberg, Martin Marietta will sell… Keep Reading
Superior Industries buys GreyStone
Superior Industries Inc., maker of conveyor systems and their related components, bought GreyStone Inc., a washing, classifying and dewatering solutions manufacturer. According to Superior, GreyStone is now Superior Industries. GreyStone makes a full line of washing/screening plants, sand classification tanks… Keep Reading
Report: Lafarge merger may result in sale of aggregates assets
The merger agreement between Lafarge and Holcim Ltd. may result in even more buying and selling, Bloomberg reports. That’s because the two companies may be forced to dump some of their assets if they want to comply with the government’s… Keep Reading
Astec Industries completes purchase of Telestack
Astec Industries Inc. completed the $36 million purchase of Telestack Ltd., a company that designs, manufactures, installs and commissions material handling systems used extensively in the aggregate, mining and port industries. Telestack was established in 1999 and is located in… Keep Reading
Precision Machine & Manufacturing management buyout complete
Precision Machine & Manufacturing Co. (PMM) has been acquired from its owners in a management buyout. Kirk Morton, director of the company’s sales and production operations since 2011, led the investment team. Private equity firms Central Valley Fund and Socius… Keep Reading
ESCO announces new ownership, celebrates milestone
ESCO Equipment Supply Co., which will be celebrating 30 years in the tire service equipment market, has been sold to an investment firm that plans to build the business and promote the company globally. “We want to assure all current… Keep Reading
Report: Martin Marietta Materials in talks to buy Texas Industries
Martin Marietta Materials Inc. is in advanced talks to buy construction material supplier Texas Industries Inc., according to a report by Bloomberg News that cites people familiar with the matter. An agreement could be announced as early as this week,… Keep Reading
