M&A Deal Summary

Astec Industries Acquires Peterson Pacific

On July 31, 2007, Astec Industries acquired machinery company Peterson Pacific for 34M USD

Acquisition Highlights
  • This is Astec Industries’ 6th transaction in the Machinery sector.
  • This is Astec Industries’ 3rd largest (disclosed) transaction.
  • This is Astec Industries’ 7th transaction in the United States.
  • This is Astec Industries’ 2nd transaction in Oregon.

M&A Deal Summary
Date 2007-07-31
Target Peterson Pacific
Sector Machinery
Buyer(s) Astec Industries
Deal Type Add-on Acquisition
Deal Value 34M USD

Target

Peterson Pacific

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

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 13
Sector (Machinery) 6 of 11
Type (Add-on Acquisition) 7 of 12
State (Oregon) 2 of 2
Country (United States) 7 of 11
Year (2007) 2 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-31 Peterson

Willmar, Minnesota, United States

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 Dillman Equipment

Prairie du Chien, Wisconsin, United States

Dillman Equipment, Inc. is a manufacturer of asphalt plant equipment. Dillman Equipment supplies the asphalt industry with asphalt plant equipment that includes asphalt storage silos, DuoDrum™ counterflow drum plants, cold feed systems, recycle systems, baghouses, dust silos, air pollution control systems, portable asphalt plants, drag slats, transfer conveyors, plant controls, control houses, silos, asphalt storage tanks, parts and field services.

Buy -
Mergr

Product

Company

Legal