Astec Industries Acquires CON-E-CO from Oshkosh Corporation

July 29, 2020

Astec Industries (Nasdaq:ASTE) has acquired CON-E-CO, a concrete equipment manufacturer and former subsidiary of Oshkosh Corporation. CON-E-CO, headquartered in Blair, Nebraska, manufactures portable and stationary concrete batch plants, mixers and related systems; terms were not disclosed and Oshkosh was advised by Balmoral Advisors.

Buyers
Astec Industries, Inc.
Targets
CON-E-CO (Concrete Equipment Company, Inc.)
Sellers
Oshkosh Corporation
Industry
Manufacturing
Location
Nebraska, United States
Transaction Type
Divestiture

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