Hendrickson acquires Stemco brake, slack adjuster business
The Motor Wheel Brake Drum and Crewson slack adjuster business segments will operate as a division of Hendrickson Truck Commercial Vehicle Systems.
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Motion Industries closes two acquisitions
Motion Industries acquired TRC Hydraulics and F&L Industrial Solutions. Both transactions closed with an effective date of Aug. 1.
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Sandvik acquires Allied Construction
Sandvik Mining & Rock Technology’s purchase of Allied Construction Products enables it to expand its existing dealer network and penetrate new customer segments with a broader product offering.
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Sensata Technologies acquires Preco Electronics
The acquisition of Preco “complements Sensata’s commitment to advance autonomy initiatives” for the heavy vehicle and off-road markets, Sensata says.
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Bridgestone acquires iTrack Solutions
iTrack is a global provider of tire management solutions for the off-the-road vehicle market, and offers a tire pressure monitoring system for mining tires.
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Caterpillar acquires assets, employees from Marble Robot
Cat plans to leverage the expertise of its new roboticists to help meet the changing needs of the industry.
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What’s happening with capex and M&A?
FMI Capital Advisors’ George Reddin pays Pit & Quarry a visit, outlining the coronavirus pandemic’s impact on producer capital expenditures while exploring the merger and acquisition (M&Q) landscape.
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The Sunrock Group acquires Ontario quarry
The Sunrock Group, headquartered in Raleigh, North Carolina, acquired an existing quarry spanning 1,400 acres in Burnt River, Ontario.
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Acquisition of Command Alkon now complete
The partnership with Thoma Bravo is expected to enable Command Alkon to expand on its vision of an integrated supply chain across the heavy construction market by accelerating the time to market for new solutions.
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