Aug. 19, 2021 – It’s a big day for heavy iron news. Hyundai Heavy Industries Holdings Co. (HHIH) officially acquired Doosan Infracore, which will become a subsidiary of the newly created Hyundai Genuine (HG) group alongside Hyundai Construction Equipment (HCE) as two independent construction equipment companies under HHIH.
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Schurco Slurry Acquires KETO Pumps
Heavy-duty slurry pumps manufacturer Schurco Slurry LLC has acquired KETO Pumps South Africa, a global peer in the heavy-duty slurry pump manufacturing space, to broaden its footprint in serving the global mining industry as well as other slurry pump users around the world.
Read MoreChaney Expands Virginia Holdings With Acquisition
Aggregates, ready-mix, custom blends and construction-supplies provider Chaney Enterprises will acquire three Branscome ready-mix concrete plant’s locations in the lower Chesapeake and Virginia Eastern Shore region: Chesapeake (Dominion Blvd. in Chesapeake, Va.), Oak Hall (Tasley, Va.) and Nassawadox (Exmore, Va.)
Read MoreArcosa Acquires Southwest Rock Products
Arcosa has acquired Arizona-based Southwest Rock Products LLC and affiliated entities for $150 million. Southwest Rock is a pure-play natural aggregates company serving the greater Phoenix metropolitan area with five active sand and gravel locations and one hard rock quarry producing approximately five million annual tons of construction aggregates.
Read MoreFLSmidth Buys thyssenkrupp Mining Business
thyssenkrupp announced the sale of its Mining Technologies business unit to FLSmidth, thus reaching a further important milestone in the initiated realignment of the group. The enterprise value is EUR325 million. The transaction is subject to competition authority approval. The closing of the transaction is expected within the next 12 months.
Read MoreWorldWide Electric Acquires Georator and Athlon Generator
WorldWide Electric LLC has acquired Georator Corp. and its subsidiary, Athlon. With this acquisition, WorldWide Electric adds frequency converters and generators to its extensive offering of motors, motor controls, and gear reducers.
Read MoreTerex MP Acquires MDS International
Terex Materials Processing (MP) announced the purchase of MDS International (MDS), a manufacturer of heavy duty and recycling trommels, apron feeders and conveyor systems, based in Co. Monaghan, Ireland.
Read MoreBMC Enterprises Makes Strategic Acquisitions
St. Louis-based aggregates and concrete producer BMC Enterprises Inc. has acquired Stewart Concrete Products headquartered in Halfway, Mo., and created a strategic partnership with Stewart-Morrison Redi-Mix Inc. based in West Plains, Mo., bringing the company’s recent acquisitions to five in the last 13 months.
Read MoreAnders Invest Acquires Minority Stake in Rohr-Idreco
Anders Invest, an investment company that focuses on partnering with Dutch SMEs with a technical focus, announced the acquisition of a minority stake in Rohr-Idreco Dredge Systems.
Read MoreVulcan Strikes Back
June 7, 2021 – In a blockbuster deal that has tongues wagging all over the industry, Vulcan Materials announced it has acquired U.S. Concrete. The stunning move comes on the heels of Martin Marietta’s acquisition of Lehigh Hanson Inc.’s West Region business – two huge industry acquisitions back-to-back. With 27 aggregates operations serving California, Texas and the Northeast that shipped 12.6 million tons in 2020,…
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