Construction Equipment Guide
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Hyundai - Wed December 16, 2020
Hyundai Heavy to Acquire Stake in Doosan Infracore
Hyundai Heavy Industries Group (HHIG) has been selected as the preferred bidder to acquire Doosan Infracore. Once the acquisition process is completed, the group's affiliate Hyundai Construction Equipment, combined with Doosan Infracore, will become the No....

Nesco Holdings - Wed December 09, 2020
Nesco Holdings to Acquire Custom Truck One Source
Nesco Holdings Inc. announced on Dec. 3, 2020, it has entered into a definitive agreement to acquire Custom Truck One Source (CTOS) for a purchase price of $1.475 billion. Nesco and CTOS are providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service....

Ritchie Bros. - Wed December 09, 2020
Ritchie Bros., Rouse Team to Enhance Equipment Data, Analytics Offerings
Ritchie Bros. has completed its acquisition of Rouse Services, a leading provider of data intelligence and performance benchmarking solutions. By working together, Ritchie Bros. and Rouse will enhance the data analytics and service offerings available to its customers....

ABLE Equipment Rental - Tue December 08, 2020
ABLE Equipment Rental Purchases Assets of GAR Equipment
ABLE Equipment Rental Inc. of NY (ABLE) a supplier of construction equipment rentals, sales, service and parts, has purchased the equipment assets and service operations of GAR Equipment Inc. (GAR), located in South Plainfield, N.J....

Command Alkon - Mon November 02, 2020
Command Alkon's Acquisition of Trimble's Construction Logistics Business is Complete
Command Alkon, a leading supplier collaboration platform for construction's heavy work, announced the completion of Command Alkon's acquisition of Trimble's Construction Logistics business. Financial terms were not disclosed....

Ritchie Bros. Auctioneers - Mon November 02, 2020
Ritchie Bros. to Expand Data, Service Offerings With Acquisition of Rouse Services
Ritchie Bros. Auctioneers and Rouse Services announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million. Completion of the acquisition is subject to customary closing conditions, including, among other conditions, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended....

Minimizer - Wed October 14, 2020
Minimizer, Premier Create One Strategic Sales Team, Redesign Regional Coverage
Minimizer's acquisition of Premier Manufacturing in January 2020 has led to the creation of one strategic sales team, with new directors, regional managers and redesigned regional coverage to streamline communication with a focus on customer satisfaction....

Ritalka - Tue October 06, 2020
Integral dx Acquires Schwing Concrete Truck Mixer Product Line in U.S., Canada
The RITALKA family of companies announced its acquisition of Schwing's concrete truck mixer product line in the United States and Canada. Schwing has been a leading manufacturer of truck mixers and entered the American market in 1982 in White Bear, Minn....

Caterpillar - Mon October 05, 2020
Caterpillar Signs Agreement to Acquire Weir Oil & Gas
Caterpillar Inc. has signed an agreement to acquire the oil and gas division ("Weir Oil & Gas") of the Weir Group PLC, a Scotland-based global engineering business. Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations....

Autodesk - Mon August 17, 2020
Autodesk Completes Acquisition of AI-Powered Software Provider Pype
Autodesk Inc. has completed the acquisition of Pype and its portfolio of cloud-based software solutions for the construction industry. This acquisition and resulting product integrations will provide additional value for Autodesk Construction Cloud users, allowing general contractors, subcontractors and owners to automate workflows such as submittals and project closeout to increase overall productivity and reduce risk throughout the project lifecycle, according to the company....
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