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Acquisition


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....


Utility Construction Company Acquires Barton Construction Corp.

The Kiely Family of Companies, a leader in utility construction, announced the acquisition of Barton Construction Corporation. Bringing more than 40 years of knowledge and experience to the water resources industry, Barton Construction Corp, a family owned business, performs a variety of service offerings such as fire hydrant repairs and replacements, valve insertions, line stops, treatment plant construction and mechanical piping, to name a few....


Wastequip to be Acquired by H.I.G. Capital

Wastequip, the leading North American manufacturer of waste equipment, today announced it has signed a definitive agreement to be acquired by H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm....


Foley Inc. Acquires Ransome Cat

Effective Feb. 8, 2018, Foley, Inc. of Piscataway, N.J., acquired substantially all of the assets of Giles & Ransome, Inc., headquartered in Bensalem, Pa. This transaction was the result of a mutual agreement between both dealerships and Caterpillar....


H&E Equipment Acquisition Announced; Will Expand Presence in 3 States

H&E Equipment Services, Inc. recently announced its entry into a definitive agreement to acquire Rental Inc., a non-residential construction-focused equipment rental company with five branches located throughout Alabama and Florida....





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