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Acquisition


Komatsu Acquires Pine Bush Equipment

The PBE Group, consisting of Pine Bush Equipment Co. Inc. and East PBE Inc., entered into a purchase agreement Feb. 5, 2018, with Komatsu, through its subsidiary F and M Equipment Ltd., to purchase the assets of PBE group subject to a period of due diligence and final approval of Komatsu Ltd....


Utility Construction Company Acquires Barton Construction Corp.

The Kiely Family of Companies, a leader in utility construction, announced the acquisition of Barton Construction Corporation. Bringing more than 40 years of knowledge and experience to the water resources industry, Barton Construction Corp, a family owned business, performs a variety of service offerings such as fire hydrant repairs and replacements, valve insertions, line stops, treatment plant construction and mechanical piping, to name a few....


Wastequip to be Acquired by H.I.G. Capital

Wastequip, the leading North American manufacturer of waste equipment, today announced it has signed a definitive agreement to be acquired by H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm....


Foley Inc. Acquires Ransome Cat

Effective Feb. 8, 2018, Foley, Inc. of Piscataway, N.J., acquired substantially all of the assets of Giles & Ransome, Inc., headquartered in Bensalem, Pa. This transaction was the result of a mutual agreement between both dealerships and Caterpillar....


H&E Equipment Acquisition Announced; Will Expand Presence in 3 States

H&E Equipment Services, Inc. recently announced its entry into a definitive agreement to acquire Rental Inc., a non-residential construction-focused equipment rental company with five branches located throughout Alabama and Florida....


Chadwick-BaRoss Acquires Southern Rhode Island Equipment Sales

Chadwick-BaRoss Inc. , (CBR) announced Jan. 30 that it had completed the acquisition of Southern Rhode Island Equipment Sales Ltd., (SRIES). The deal, which closed on Jan. 26, will result in the expansion of CBR's operations into the state of Rhode Island, starting with the former SRIES location in Warwick....


Acquisitions Lead to New Company

Kerry Vickar, chairman, and Mitch Nevins, CEO, announced the formation of a new company — National Equipment Dealers LLC (NED) on Jan. 5, 2018. Simultaneously, NED announced the acquisition of Four Seasons Equipment LLC, May Heavy Equipment LLC and Earthmovers Construction Equipment LLC, as well as some assets of International Iron LLC....


New Company Forms in Wake of Major Dealer Acquisitions

In a multi-faceted transaction that closed on Jan. 5, National Equipment Dealers (NED) acquired Four Seasons Equipment, May Heavy Equipment and Earthmovers Construction Equipment, LLC, as well as some assets of International Iron....


Company Acquires Atlas Copco's Light Compaction and Concrete Equipment Division

Husqvarna Group's Construction Division has signed an agreement to acquire the Light Compaction & Concrete Equipment business from Atlas Copco. “Atlas Copco's Light Compaction & Concrete Equipment business fits well into Husqvarna Construction's strategy for expanding deeper into the market segment of Concrete Surfaces and Floors” said Kai Wärn, president and CEO of Husqvarna Group....


Caterpillar Purchases Remaining Share of Joint Venture

Caterpillar recently purchased the remaining interest in the Intelligent Switchgear Organization (ISO). The organization is the result of Caterpillar's joint venture with Eaton Corporation, which develops and makes "switchgears, generator set controls and automatic transfer switches," Electrical Business reported....







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