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Acquisition


United Rentals Announces $2.1B Acquisition

United Rentals, Inc. and BlueLine Rental (“BlueLine”) announced that they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash....


NESCO, LLC to Acquire N&L Line Equipment

NESCO, LLC announced July 3, that it has completed the acquisition of N&L Line Equipment. N&L manufactures many products related to the live-line maintenance of electric utility lines. The N&L offering includes transmission tools up to 800 kV, substation maintenance tools, as well as distribution hotline tools....


Metso Closes Its Acquisition of P.J. Jonsson och Söner in Sweden

Metso has successfully completed its acquisition of the Swedish mobile crushing and screening solution provider P.J. Jonsson och Söner. The agreement regarding the acquisition was announced in April 2018....


Jeff Martin Auctioneers Announces East Coast Expansion

Jeff Martin Auctioneers has announced the integration of Martin & Martin Auctioneers of Pelzer, S.C. into its ongoing operations. This expansion will enable Jeff Martin Auctioneers to strengthen its presence in the southeastern United States....


Altorfer Holdings Inc. Acquires Patten Industries, Inc.

Altorfer Holdings Inc. announced that it has acquired Patten Industries, Inc., the Caterpillar dealer in northern Illinois and northwest Indiana. The acquisition expands the Caterpillar service territory currently managed by the Altorfer family....


Weir Announces $1.05B Acquisition of ESCO Corporation

Weir has entered into a binding agreement to acquire ESCO Corporation (“ESCO”), a U.S. company based in Portland, Ore., for an equity value of $1. 051 million and an estimated enterprise value of $1.285 million....


Metso Agrees to Acquire Swedish Aggregate Equipment Provider P.J. Jonsson och Söner

Metso has agreed to acquire the mobile crushing and screening plant provider P.J. Jonsson och Söner, based in Sweden. With the acquisition, Metso aims to strengthen the breadth and availability of its product and service offering for the aggregates industry in the Nordics....


Compact Construction Equipment, Inc. Acquires Bobcat Distribution Rights in West Texas

Compact Construction Equipment, Inc., (CCE, Inc.) an authorized distributor of Bobcat equipment has acquired the distribution rights to sell Bobcat products in West Texas from ASCO Equipment. CCE has assumed the immediate distribution and support for Bobcat equipment in Amarillo, Lubbock and Midland-Odessa....


Komatsu-Owned Dealers Phasing Out Sales of Wirtgen Products

Komatsu America Corp. announced March 12, an agreement with Wirtgen America to phase out the sale of Wirtgen products by Komatsu-owned dealers in the USA. Komatsu America and Wirtgen America decided this phase out is in the best interest of both companies....


Komatsu Acquires Pine Bush Equipment

The PBE Group, consisting of Pine Bush Equipment Co. Inc. and East PBE Inc., entered into a purchase agreement Feb. 5, 2018, with Komatsu, through its subsidiary F and M Equipment Ltd., to purchase the assets of PBE group subject to a period of due diligence and final approval of Komatsu Ltd....





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