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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