Construction M&A » By The Online Investor Staff, updated Tue., Dec. 6, 8:14 AM
Recent mergers and acquisitions in the Construction M&A category.
| This Slide: #15 of 100 |
Slide #15. Astec Industries, Inc. — Telestack Ltd.
Acquirer:
Astec Industries, Inc. (NASDAQ:ASTE)
Acquiree:
Telestack Ltd.
Details:
Astec Industries, Inc. (Nasdaq:ASTE) today announced that it has completed the acquisition of Telestack Ltd.
Astec Industries designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities, as well as other products. Co.'s reportable business segments are: the Infrastructure Solutions, which designs, engineers, manufactures and markets a line of asphalt plants, concrete plants and their related components and ancillary equipment as well as supplying other heavy equipment; and the Materials Solutions, which designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets.
ASTE SEC Filing Email Alerts Service
Open the ASTE Page at The Online Investor »
|
||||||||||||||||||||||||
Open the ASTE Page at The Online Investor (in a new window) »
 Free ASTE Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Buy (3.00 out of 4) 29th percentile
(ranked lower than approx. 71% of all stocks covered)
Analysts' Target Price: ASTE Stock Forecast Based on Zacks ABR data; powered by Xignite |
