Tag: acquisition

WW Clyde, a heavy-civil construction company, has announced their acquisition of Phoenix-based Blount Contracting Inc. (Blount) in a stock acquisition finalized on December 28, 2020. Blount will be merged into WW Clyde, but will continue doing business under the name...

Procore Technologies, Inc., a leading provider of construction management software, announced it has acquired Esticom, a cloud-based estimating and takeoff solution and leader in preconstruction technology. This acquisition will add powerful estimating functionality to the Procore platform, complementing Procore’s preconstruction...

Command Alkon, the leading supplier collaboration platform for construction’s heavy work, announced the completion of Command Alkon’s acquisition of Trimble’s Construction Logistics business. Financial terms were not disclosed. The transaction combines decades of telematics experience, customer relationships, and the TrimFleet...

Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division of the Weir Group PLC, a Scotland-based global engineering business. Source: Caterpillar Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow...

Liebherr-MCCtec Rostock GmbH together with Aibel AS has signed a contract for the delivery of a cylinder-luffing crane, type RL 2600-35 Lit. The company TenneT TSO GmbH commissioned Aibel AS to build the offshore platform DolWin epsilon on which...

Cooper Equipment Rentals Limited, the leading independent equipment rental company in Canada, announced that it has acquired the Atlantic Canada assets of Herc Rentals Inc. Herc is a premier, full-service equipment rental firm operating throughout North America. The Herc Atlantic...

Astec Industries, Inc. announced the acquisition of two premier full-line concrete batch plant manufacturers serving customers around the world. Astec has acquired Concrete Equipment Company, Inc. and BMH Systems, Inc., which had combined annualized sales in 2019 of approximately $50...

Volvo Construction Equipment (Volvo CE) has signed an agreement to divest the North American Blaw-Knox paver business and associated assets to leading asphalt equipment manufacturer Gencor Industries (Gencor). The Blaw-Knox business and associated assets will shift to Gencor, including the...

Evolution Mining Limited has entered into a binding agreement with Aeris Resources Limited to sell the Cracow gold mine in Queensland for a total consideration of up to A$125 million. The total consideration consists of: • A$60 million cash payable upon...

CNH Industrial announced the following updates on the $250 million investment, made through its IVECO commercial vehicle segment, in Nikola Corporation as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition...