merger
IronPlanet and Cat Auction Services to merge
IronPlanet will be merging with Cat Auction Services. Once combined, the two companies will provide buyers and sellers with used heavy construction equipment. They will also provide auction and remarketing solutions; a global, integrated market; and value and convenience for… Keep Reading
Lafarge and Holcim set to receive merger approval
Lafarge and Holcim are set to receive the European Union’s approval for their merger deal to create the world’s largest cement maker, says an article on Reuters. According to the article, the two companies have already offered to sell business… Keep Reading
Groups team up to bid for Lafarge-Holcim assets, sources say
Companies are teaming up to bid for all the assets that Lafarge and Holcim must sell in order to carry out their planned merger, says an article on Reuters. According to sources, Irish cement maker CRH has teamed up with… 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
Martin Marietta, Texas Industries approve merger
Martin Marietta Materials Inc. and Texas Industries Inc. approved a merger agreement whereby Martin Marietta will acquire all outstanding shares of Texas Industries’ common stock in a tax-free, stock-for-stock transaction. The combined company, which will operate under the Martin Marietta… Keep Reading
Pump manufacturer acquired
National Oilwell Varco (NOV) acquired Robbins & Myers earlier this year, placing many of Robbins & Myers' industrial pumping products under NOV's Mono division. Three specific Robbins & Myers businesses are now part of NOV Mono, including Moyno Inc., a… Keep Reading
Schenck AccuRate, Mac Process forming single company
Sister companies Schenck AccuRate and Mac Process are joining forces to form a single entity called Schenck Process North America Inc. Schenck AccuRate, a dry material feeder manufacturer and weighing technology specialist, and Mac Process, a supplier of design pneumatic… Keep Reading
Will Martin Marietta ever succeed in taking over Vulcan?
It’s the question that’s had the aggregates industry, as well as the financial analysts and law specialists following Martin Marietta Materials Inc. and Vulcan Materials Co., on hold since the two companies entered friendly merger talks back in 2010. Following… Keep Reading