Astec Industries Mergers and Acquisitions Summary

MachineryCompany

Astec Industries has acquired 13 companies, including 3 in the last 5 years. It has also divested 2 assets.

Astec Industries’ largest acquisition to date was in 2016, when it acquired Power Flame for $43M. It’s largest disclosed sale occurred in 2012, when it sold American Augers to The Charles Machine Works for $55M. Astec Industries has acquired in 8 different US states, and 3 countries. The Company’s most targeted sectors include machinery (85%) and consumer services (8%).

Join Mergr and gain access to Astec Industries’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the machinery sector.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity13
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 3

Astec Industries

Astec Industries, Inc.

1725 Shepherd Road,
Chattanooga, Tennessee 37421
United States,
(423) 899-5898
www.astecindustries.com

Astec Industries is a manufacturer of specialized equipment for asphalt road building; aggregate processing; oil, gas and water well drilling; and wood processing. Astec Industries was formed in 1972 and is based in Chattanooga, Tennessee.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.4/yr) # 11 - - 1 - 1 13
vol $139M $139M
Sell (0.0/yr) # 2 - - - - - 2
vol $55M $55M
  15

Most Recent M&A

Company Date Value Type
MINDS Automation Group, Inc. 2022-03-23 - Add-on Acquisition
Kelowna, British Columbia · www.mindsinc.ca
Concrete Equipment Co., Inc. 2020-07-20 - Divestiture
Blair, Nebraska · www.con-e-co.com
RexCon LLC 2017-10-02 26M USD Add-on Acquisition
Burlington, Wisconsin · www.rexcon.com
Power Flame, Inc. 2016-07-07 43M USD Add-on Acquisition
Parsons, Kansas · www.powerflame.com
Telestack Ltd. 2014-04-01 36M USD Add-on Acquisition
Omagh, Ireland · www.telestack.com
American Augers, Inc. 2012-11-01 55M USD Divestiture
West Salem, Ohio · www.americanaugers.com
Astec Underground, Inc. 2012-02-10 - Divestiture
Loudon, Tennessee
Dillman Equipment, Inc. 2008-10-01 - Add-on Acquisition
Prairie du Chien, Wisconsin · www.dillmanequipment.com
Peterson Pacific Corp. 2007-07-31 34M USD Add-on Acquisition
Eugene, Oregon · www.petersoncorp.com
Peterson, Inc. 2007-07-31 - Add-on Acquisition
Willmar, Minnesota · www.petersonbrothers.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 11 (85%) 96M (69%) 2 (100%) 55M (100%)
Consumer Services 1 (8%) - - -
Energy Services and Equipment 1 (8%) 43M (31%) - -
Total 13 $139M 2 $55M

By Geo

State/Country Buy Value Sell Value
United States 11 103M 2 55M
  Wisconsin 3 26M - -
  Oregon 2 34M - -
  Ohio 1 - 1 55M
  Washington 1 - - -
  New Mexico 1 - - -
  Nebraska 1 - - -
  Minnesota 1 - - -
  Kansas 1 43M - -
  Tennessee - - 1 -
Canada 1 - - -
  British Columbia 1 - - -
Ireland 1 36M - -
Domestic 11 (85%) 103M (74%) 2 (100%) 55M (100%)
Cross-border 2 (15%) 36M (26%) - -
Total 13 $139M 2 $55M

Deal Values

buy # Total
< $100M 4 $139M
TOTAL $139M
Largest Power Flame, Inc.
$43M (2016-07-07)
sell # Total
< $100M 1 $55M
TOTAL $55M
Largest American Augers, Inc.
$55M (2012-11-01)

M&A Connections

Deals
Acquired from
Strategic(s)
8%
1 (8%)
Divested to
Strategic(s)
100%
2 (100%)

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