Astec Industries Acquires CWMF, LLC for $67.5M
January 2, 2026
Astec Industries, Inc. completed the acquisition of CWMF, LLC for $67.5 million in cash, adding roughly $50 million of annual revenue to Astec's Infrastructure Solutions segment. The purchase is expected to be EPS-accretive, improve gross profit and adjusted EBITDA margins, deliver synergies by the end of year one, and expand Astec's capacity and regional customer relationships in the Midwest, South-Central and Great Lakes regions.
- Buyers
- Astec Industries, Inc.
- Targets
- CWMF, LLC
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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