M&A Deal Summary

Astec Industries Acquires Johnson Crushers International

On November 1, 1999, Astec Industries acquired machinery company Johnson Crushers International

Acquisition Highlights
  • This is Astec Industries’ 4th transaction in the Machinery sector.
  • This is Astec Industries’ 4th transaction in the United States.
  • This is Astec Industries’ 1st transaction in Oregon.

M&A Deal Summary

Date 1999-11-01
Target Johnson Crushers International
Sector Machinery
Buyer(s) Astec Industries
Deal Type Add-on Acquisition

Target

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.

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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 4 of 13
Sector (Machinery) 4 of 11
Type (Add-on Acquisition) 4 of 12
State (Oregon) 1 of 2
Country (United States) 4 of 11
Year (1999) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-29 American Augers

West Salem, Ohio, United States

American Augers, Inc. is a manufacturer of state-of-the-art auger boring machines, directional drills and fluid/mud systems used in the "underground construction" or "trenchless" market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-02 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.

Buy -