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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4475)6/12/2017 1:02:32 PM
From: richardred  Respond to of 7148
 
Federal Signal Completes Acquisition of Truck Bodies & Equipment


Federal Signal has completed its acquisition of Truck Bodies and Equipment (TBEI) for $270 million.

June 04, 2017

Federal Signal has completed its acquisition of Truck Bodies and Equipment (TBEI) for $270 million.

TBEI manufactures dump truck bodies and trailers.

According to Federal SIgnal's president/CEO, Jennifer Sherman, the TBEI products allow the company to diversify further into maintenance and infrastructure markets.

Source: Federal Signal

constructionequipment.com



To: richardred who wrote (4475)6/12/2017 1:11:22 PM
From: richardred  Respond to of 7148
 
Atlas Copco’s sale of Road Construction Equipment leads to establishment of Dynapac SA



Published: 15 May 2017
The Atlas Copco Group has sold its global Road Construction Equipment Division, including the Dynapac brand name, to the number one construction Group in France and world-leader in road construction equipment, Fayat Group.

The Road Construction Equipment division became part of Atlas Copco‘s Construction Technique business area in 2007 and manufactures Compaction Rollers for asphalt and soil application, as well as asphalt equipment Planers and Pavers. The products are well known globally under the Dynapac trade name.

Founded in 1957, Fayat is a 100% independent family owned Group with an international scope in 120 countries and representation by 152 companies around the world. Fayat has earned a reputation for being a dedicated and reputable original equipment manufacturer through eleven road construction equipment companies and dedicated brands active in this area.

Dynapac will transfer to Fayat on 1 July 2017 and become a company within the Group operating under the Dynapac brand name. Following the acquisition, road construction equipment which forms one of the Group’s seven core businesses – public works, foundations, building, energy services, steel and mechanical construction and pressure vessels – will become the strongest division in the Fayat Group.

Middle East Africa will be one of eleven regional Dynapac business areas globally, with sales and service operations in 37 countries together with five global production facilities being Brazil, Sweden, Germany, India and China. The global holdings company will be based in Sweden and the divisional management head office in Germany. Dynapac has 1 265 employees with revenues of approximately MSEK 2 900 (MEUR 309) for 2016. Once all due diligences have been finalized, Dynapac SA will be a local legal company responsible for the Southern Africa territory within the MEA region and the head office based in Dubai.

“This is an ownership change and not a change in business structure,” says Neville Marthinussen, Atlas Copco Construction Technique Business Line Manager, Dynapac Road Construction Equipment. “Until closure, the Road Construction Equipment Division will remain part of Atlas Copco’s Construction Technique Business Area. So it is business as usual,” Marthinussen assures customers. “As Dynapac South Africa we will continue to serve the market with our products and services. The current product portfolio remains unchanged and all scheduled product renewals will continue as planned.” Marthinussen confirms that the Atlas Copco name will gradually be phased out to end 2017 and the Dynapac brand will be prominently displayed on all products come 2018.

Fayat has plans to further strengthen its strategic position in road construction and road maintenance equipment. “The Group’s reputation as a world-leader in road construction equipment with over 60 years’ experience, presents a solid platform on which we are able to reinforce the strength of the Dynapac brand through continued development, improvement and expansion of our Dynapac product ranges and services that have clearly earned the respect and trust of our customers over many years,” concludes Marthinussen.

crown.co.za



To: richardred who wrote (4475)8/28/2017 9:57:24 AM
From: richardred  Respond to of 7148
 
RE- Infrastructure deals




To: richardred who wrote (4475)8/30/2017 11:30:35 AM
From: richardred  Respond to of 7148
 
RE- ASTE speculation IMO Harvey will be added stimulus for a CAT hypothetical acquisition. RE- MNTX speculation. RE- Harvey stimulus- IMO the same hypothetical for TEX to buy MNTX. If nothing happens. IMO both Goods stocks along with ASV to own for Harvey post stimulus boost. The ASV Posi Trac is perfect for clean up & coming infrastructure spending.

Aggregate & Mining Group

The Aggregate and Mining Group ( Telsmith, Kolberg Pioneer, Johnson Crushers International, Breaker Technology, Astec Mobile Screens, Osborn Engineered Products, Astec do Brasil and Telestack ) provides innovative solutions for the material handling, mining, quarry, recycling, construction and demolition industries. Exceptional customer support is a key element to the success of the Aggregate and Mining Group. The group is determined to satisfy customers by offering high quality and by listening to customers to better understand and meet their needs. The companies of the Aggregate and Mining Group design, manufacture and market a complete, world-class line of rocker breaker systems, rock crushers feeders, vibrating screens, conveyors, washing and classifying equipment for open-mine, underground mining, quarry operations and bulk material handling systems. Through innovative technology the Aggregate and Mining Group is able to offer equipment that helps our customers perform better, safer and achieve maximum return on their investment.

Infrastructure Group

Among the Infrastructure Group companies, Astec, Dillman, Roadtec and Carlson have earned a reputation for high quality products and industry leading customer service. These four companies form a cohesive unit that design, manufacture and install a complete line of portable, relocatable and stationary asphalt mixing facilities and related components as well as a variety of pavers, paver screeds, milling machines, material transfer vehicles and soil stabilizers. Also members of the Infrastructure Group, Astec Australia and Astec Mobile Machinery are fully owned subsidiaries that are stores representing multiple Astec companies in Australia and Germany respectively. They serve the marketplace by providing sales, service, parts, logistics, and construction services for the Astec companies that they represent. The Infrastructure Group enjoys a reputation for engineering products with the most advanced and innovative technologies available. The products of the Infrastructure Group utilize advanced technologies to help customers maximize performance and safety.

Energy Group

The Energy Group consists of Heatec, CEI Enterprises, Peterson Pacific, GEFCO and Power Flame. Heatec industrial heaters are used in the oil and gas industry. Heatec thermal fluid heaters and storage tanks are used in a wide variety of industrial and construction applications. CEI makes specialized heating and storage equipment for the construction industry as well as nine models of concrete plants for virtually every concrete industry application. Peterson Pacific designs, makes drum, disc chippers and debarkers used to produce wood chips for pulp and paper production as well as biomass energy markets. Peterson horizontal grinders are used to grind asphalt roofing shingles that are then used in recycled asphalt. GEFCO makes a full line of water drilling equipment used for commercial and retail applications. GEFCO serves the oil and gas industry with vertical rigs and double pump trailers used to clean existing wells. Power Flame Incorporated manufactures gas, oil, combination gas/oil, low NOx burners and combustion control systems for commercial, industrial and process applications. All Power Flame products share environmentally conscious designs and are crafted from quality materials by an expert staff of dedicated professionals.




To: richardred who wrote (4475)10/6/2017 11:53:10 AM
From: richardred  Read Replies (3) | Respond to of 7148
 
RE- Infrastructure building acquisition trend

Summit Materials makes $3.8 billion bid for Ash Grove Cement: source

Tom Hill (3rd L), CEO of cement maker Summit Materials Inc., claps before the company's IPO on the floor of the New York Stock Exchange March 12, 2015. REUTERS/Lucas Jackson

LONDON (Reuters) - U.S. cement maker Summit Materials ( SUM.N) has made a $3.8 billion offer for rival Ash Grove Cement ( ASHG.PK), a source familiar with the matter told Reuters, hoping to trump an earlier takeover bid from Irish building materials firm CRH Plc ( CRH.I).

Ash Grove said earlier on Friday that it had received a new bid from an unnamed party which valued the business at $3.7-$3.8 billion.

The source said Summit Materials’ bid was submitted on Thursday and is currently being considered by Ash Grove’s board.

It could be the start of a bidding war with CRH, which last month agreed to buy Ash Grove for a total consideration of $3.5 billion.
reuters.com



To: richardred who wrote (4475)11/24/2017 6:27:11 PM
From: richardred  Respond to of 7148
 

Chinese Firm Buys CN Tower Builder Aecon for $930 Million By
Scott Deveau

October 26, 2017, 8:12 AM EDT Updated on October 26, 2017, 4:22 PM EDT



Shares rise nearly 19 percent in early trading Thursday

Transaction expected to close by end of first quarter 2018




A general view of the Toronto skyline in Canada, including the CN Tower.

Photographer: Danny Lawson - PA Images/PA Images via Getty Images Aecon Group Inc. agreed to be acquired by a unit of China Communications Construction Co. for C$1.19 billion ($930 million) in cash, giving the Canadian company more heft to bid on global infrastructure projects.

Aecon, which helped build Toronto’s landmark CN Tower, said in a statement CCCC International Holding Ltd. would pay C$20.37 a share, or 23 percent higher than Aecon’s closing price Wednesday. The stock closed up 19 percent at C$19.73 in Toronto.

“This is a very positive outcome for Aecon and our key stakeholders," Aecon Chairman Brian Tobin said in the statement. The company will continue to be based in Canada.

bloomberg.com