M&A Deal Summary

Astec Industries Acquires Carlson Paving Products

On October 2, 2000, Astec Industries acquired machinery company Carlson Paving Products

Acquisition Highlights
  • This is Astec Industries’ 5th transaction in the Machinery sector.
  • This is Astec Industries’ 5th transaction in the United States.
  • This is Astec Industries’ 1st transaction in Washington.

M&A Deal Summary

Date 2000-10-02
Target Carlson Paving Products
Sector Machinery
Buyer(s) Astec Industries
Deal Type Add-on Acquisition

Target

Carlson Paving Products

Tacoma, Washington, United States
Carlson Paving Products, Inc. is a manufacturer of asphalt paving screeds, screed extensions, and paving accessories for all major brands of highway class pavers.

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Buyer(S) 1

Buyer

Astec Industries

Chattanooga, Tennessee, United States

Category Company
Founded 1972
Sector Machinery
Employees4,322
Revenue 1.3B USD (2023)
DESCRIPTION

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 founded in 1972 and is based in Chattanooga, Tennessee.


DEAL STATS #
Overall 5 of 13
Sector (Machinery) 5 of 11
Type (Add-on Acquisition) 5 of 12
State (Washington) 1 of 1
Country (United States) 5 of 11
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 Johnson Crushers International

Eugene, Oregon, United States

Johnson Crushers International, Inc. designs, manufactures and markets aggregate processing equipment, including horizontal screens, cone crushers, and stationary and portable screening and crushing plants primarily in the domestic market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-31 Peterson Pacific

Eugene, Oregon, United States

Peterson Pacific Corp. is a manufacturer of whole-tree pulpwood chippers, horizontal grinders and blower trucks.

Buy $34M