mergers and acquisitions
Acquisition expands Kaman’s footprint in fluid power, automation
Kaman Distribution Group, the distribution segment of Kaman Corp., is acquiring B.W. Rogers Co. The transaction is expected to close early in the second quarter. According to a press release, B.W. Rogers is a distributor of fluid power products, including… Keep Reading
Acquisition to impact ContiTech in the U.S.
Continental Corp. acquired Veyance Technologies Inc., an Ohio-based rubber and plastics manufacturer, for $1.9 billion. Continental plans to integrate Veyance into its ContiTech division that includes a conveyor belt group and a fluid technology business unit. Keep Reading
One-hundred-acre Georgia quarry sold
Stephens MDS LP acquired the 100‐acre granite quarry in College Park, Ga., from Bluegrass Materials Co. The transaction closed Jan. 22 for an undisclosed sum. According to a press release, Bluegrass Materials had purchased the quarry along with three other… Keep Reading
Vulcan selling cement, concrete operations in Florida
Vulcan Materials Co. has agreed to sell cement and concrete businesses in Florida and Georgia to Cementos Argos for $720 million. According to a press release, Vulcan is retaining all of its aggregates operations in Florida. Vulcan is selling businesses… Keep Reading
Volvo CE to purchase Terex’s hauler business
Volvo Construction Equipment (CE) came to terms with Terex Corp. to acquire hauler manufacturer Terex Equipment Ltd. for $160 million. The deal will include related assets and intellectual property. Volvo CE expects to finalize the transaction during the second quarter… Keep Reading
Vulcan lands investor support for four Georgia quarries
Vulcan Materials Co. sold an interest in future production at four quarries in Atlanta to Plum Creek Timber Co. Inc. Vulcan Materials will receive $154 million in exchange for a percentage royalty interest in 255 million tons of aggregate production… Keep Reading
Martin Engineering acquires dust management company
Martin Engineering acquired TNJ Industries, an Arizona-based firm specializing in dust management for crushing and conveying mined materials. According to a press release, Martin Engineering made the move to strengthen its position in dust control for bulk material handlers. Terms… Keep Reading
Coco Group’s purchase of Russell Group now complete
Coco Group, a Canadian aggregate producer, acquired Russell Redi-Mix Concrete, Langenburg Redi-Mix Ltd., and the Russell Group (RRMC), which provides heavy civil contracting, aggregates production, supply and hauling, excavation grading and site-preparation services. “Our heavy civil construction expertise now spans… Keep Reading
Cemex forming joint venture company with Concrete Supply
Cemex and Concrete Supply Co. entered into an agreement to form a joint venture company, which will be called Concrete Supply Co. LLC. The transaction is expected to close later this year. The joint venture, which will have a production… Keep Reading
