M&A Deal Summary

Caterpillar Acquires CleanAIR Systems

On June 30, 2010, Caterpillar acquired machinery company CleanAIR Systems

Acquisition Highlights
  • This is Caterpillar’s 19th transaction in the Machinery sector.
  • This is Caterpillar’s 11th transaction in the United States.
  • This is Caterpillar’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2010-06-30
Target CleanAIR Systems
Sector Machinery
Buyer(s) Caterpillar
Deal Type Add-on Acquisition

Target

CleanAIR Systems

Santa Fe, New Mexico, United States
CleanAir, which formed in 1993, makes ceramic-based filters with a proprietary catalytic process that uses platinum to convert particulate matter and gasses into nearly harmless emissions. The devices help reduce emissions from diesel-powered machines, including stationary generators, trucks, and off-road vehicles, such as construction and earth-moving equipment.

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Buyer(S) 1

Buyer

Caterpillar

Irving, Texas, United States

website

Category Company
Founded 1925
Sector Machinery
Employees109,100
Revenue 59.4B USD (2022)
DESCRIPTION
Caterpillar's corporate headquarters in Deerfield, Illinois.
Caterpillar's corporate headquarters in Deerfield, Illinois.

Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar principally operates through three product segments. These include Resource Industries, Construction Industries, and Energy & Transportation. Caterpillar also provides financing and related services through its Financial Products segment. Caterpillar was incorporated in 1925 and is based in Irving, Texas.

DEAL STATS #
Overall 26 of 38
Sector (Machinery) 19 of 22
Type (Add-on Acquisition) 16 of 27
State (New Mexico) 1 of 1
Country (United States) 11 of 18
Year (2010) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Zeit Comercio e Montagem de Equipamentos Electronicos

Curitiba, Brazil

Zeit, is a provider in automation and electrical equipment for locomotives and other industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-02 Underground Imaging Technologies

Latham, New York, United States

Underground Imaging Technologies is dedicated to improving the safety, accuracy and efficiency of operations related to design, construction and overall management of subsurface infrastructure. Our mission is achieved by developing and deploying world-class underground imaging technologies that are non-intrusive and reliable. We continuously strive to accomplish our mission through the development and integration of emerging technologies that utilize our expertise and technology to serve the needs of the market.

Buy -
Mergr

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