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Construction M&A image Construction M&A » By The Online Investor Staff, updated Fri., Apr. 19, 10:53 PM Recent mergers and acquisitions in the Construction M&A category.

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.

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Company Name:  Astec Industries, Inc.
Stock buyback:  ASTE buyback
Website:  www.astecindustries.com
Sector:  Construction
Number of ETFs Holding ASTE:  44
Total Market Value Held by ETFs:  $258.55M
Total Market Capitalization:  $960.00M
% of Market Cap. Held by ETFs:  26.93%
 

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April 19, 2024    10:53 PM Eastern
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Buy (2.67 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
ASTE Stock Forecast

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