Caterpillar Mergers and Acquisitions Summary

Machinery Company

Caterpillar has acquired 36 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 8 assets.

Caterpillar’s largest acquisition to date was in 2010, when it acquired Bucyrus International for $7.6B. It’s largest disclosed sale occurred in 2012, when it sold Neovia Logistics Services to Platinum Equity for $750M. Caterpillar has acquired in 11 different US states, and 13 countries. The Company’s most targeted sectors include machinery (59%) and electrical equipment (9%).

Join Mergr and gain access to Caterpillar’s 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 Activity44
    • M&A Buy Activity36
    • M&A Sell Activity8
  • Total Sectors Invested 13
  • Total Countries Invested 13
  • M&A Buy/Sell Connections 17
  • M&A Advisors 9

Caterpillar, Inc. (Caterpillar)

510 Lake Cook Road Suite 100,
Deerfield, Illinois 60015
United States,
(224) 551-4000
www.caterpillar.com

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 formed in 1925 and is based in Deerfield, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # 34 - 1 - - 1 36
vol $10.8B $405M $11.2B
Sell (0.4/yr) # 6 - 1 1 - - 8
vol $1.2B $1.2B
  44

Most Recent M&A

Company Date Value Type
The Weir Group PLC - Oil & Gas Division 2020-10-05 405M USD Divestiture
Fort Worth, Texas
Caterpillar, Inc. - Purpose-Built Forestry Business 2018-08-29 - Divestiture
Peoria, Illinois
Pyroban Group Ltd. 2017-11-21 - Divestiture
Horsham, United Kingdom · www.pyroban.com
Yard Club, Inc. 2017-05-07 - Add-on Acquisition
San Francisco, California · www.yardclub.com
PEPR, Inc. 2015-05-05 - Add-on Acquisition
Calgary, Alberta
ESRG Technologies Group LLC 2015-04-15 - Add-on Acquisition
Virginia Beach, Virginia · www.esrgtech.com
Caterpillar's - Advanced Compacting Technology Group 2014-04-28 - Divestiture
, United States
Johan Walter Berg AB 2013-07-01 - Add-on Acquisition
Ockero, Sweden · www.bergpropulsion.com
Neovia Logistics Services LLC 2012-08-01 750M USD Divestiture
Downers Grove, Illinois · www.neovialogistics.com
Caterpillar - Distribution Business 2012-01-18 465M USD Divestiture
, United Kingdom
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Progress Rail Services Corp. 2006-06-19 Progress Rail Equipment Leasing Corp. 2020-01-02 2
Albertville, United States · www.progressrail.com Albertville, Alabama
Progress Rail Services Corp. 2006-06-19 ECM SPA 2018-01-04 6
Albertville, United States · www.progressrail.com Pistoia, Italy · www.ecmre.com
Progress Rail Services Corp. 2006-06-19 Downer EDI - Freight Rail Business 2017-11-21 5
Albertville, United States · www.progressrail.com North Ryde, Australia
Progress Rail Services Corp. 2006-06-19 Mansbach Metal Co. 2017-11-10 1
Albertville, United States · www.progressrail.com Ashland, Kentucky
Progress Rail Services Corp. 2006-06-19 Haynes Corporation 2015-10-05 4
Albertville, United States · www.progressrail.com Naples, Florida · www.haynesco.com
Progress Rail Services Corp. 2006-06-19 Rail Product Solutions, Inc. 2015-09-28 3
Albertville, United States · www.progressrail.com Overland Park, Kansas
Progress Rail Services Corp. 2006-06-19 Electro-Motive Diesel, Inc. 2010-06-01 2
Albertville, United States · www.progressrail.com Lagrange, Illinois · www.emdiesels.com
Progress Rail Services Corp. 2006-06-19 FCM Rail Ltd. 2010-03-07 1
Albertville, United States · www.progressrail.com Fenton, Michigan · www.fcmrail.com
Caterpillar Remanufacturing Services Co., Ltd.    - Williams Technologies, Inc. 2004-08-18 1
Shanghai, China Summerville, South Carolina

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 21 (58%) 9.0B (80%) 1 (13%) -
Electrical Equipment 3 (8%) - 1 (13%) -
Automotive 2 (6%) - - -
Marine 1 (3%) - 1 (13%) -
Retail 1 (3%) - 1 (13%) -
Safety/Security 1 (3%) - 1 (13%) -
Transportation 1 (3%) 1.0B (9%) 1 (13%) 750M (62%)
Construction 1 (3%) - - -
Energy Services and Equipment 1 (3%) 405M (4%) - -
Engineering 1 (3%) - - -
Information Services 1 (3%) - - -
Renewable Energy 1 (3%) 810M (7%) - -
Software 1 (3%) - - -
Distribution - - 1 (13%) 465M (38%)
Manufacturing - - 1 (13%) -
Total 36 $11.2B 8 $1.2B

By Geo

State/Country Buy Value Sell Value
United States 16 9.0B 5 750M
  Virginia 2 - 1 -
  Minnesota 2 - 1 -
  Wisconsin 2 7.6B - -
  California 2 - - -
  Illinois - - 2 750M
  Texas 1 405M - -
  South Carolina 1 - - -
  North Dakota 1 - - -
  New York 1 - - -
  New Mexico 1 - - -
  Kansas 1 - - -
United Kingdom 4 1.3B 2 465M
Germany 2 810M 1 -
Brazil 2 - - -
Canada 2 - - -
  Ontario 1 - - -
  Alberta 1 - - -
China 2 - - -
Ireland 2 - - -
France 1 - - -
India 1 73M - -
Italy 1 - - -
South Korea 1 - - -
Sweden 1 - - -
Switzerland 1 - - -
Domestic 16 (44%) 9.0B (80%) 5 (63%) 750M (62%)
Cross-border 20 (56%) 2.2B (20%) 3 (38%) 465M (38%)
Total 36 $11.2B 8 $1.2B

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Monroe Financial Partners, Inc.
1
J.P. Morgan Securities LLC
1
Legal Deals
Mayer Brown
2
Freshfields Bruckhaus Deringer LLP
1
Sidley Austin LLP
1

Deal Values

buy # Total
> $1B 3 $9.9B
$100M to $1B 2 $1.2B
< $100M 1 $73M
TOTAL $11.2B
Largest Bucyrus International, Inc.
$7.6B (2010-11-16)
sell # Total
$100M to $1B 2 $1.2B
TOTAL $1.2B
Largest Neovia Logistics Services LLC
$750M (2012-08-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
17%
2 17%
Strategic(s)
83%
10 83%
Divested to
PE Firm(s)
29%
2 29%
Strategic(s)
71%
5 71%

 Subscribe to unlock this and 156,669
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 145K M&A Transactions
  • 153K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.