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Acquisition


Volvo Completes Acquisition of Battery Business From Proterra Inc., Proterra Operating Company

The Volvo Group has completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules and packs in California and an assembly factory in Greer, S.C....


Fay & Wright Excavating Acquires Blastech Inc.; Forms New Company

Fay & Wright Excavating, one of the largest custom rock crushing service providers in the Northeast, recently announced that its ownership team has acquired the assets of Blastech Inc. Forming a drilling and blasting company to work in conjunction with its custom crushing is not a new idea — this is a concept Fay & Wright has been providing for some time....


Parman Holdings Corporation Acquires Cleburne Farm Supply

Parman Holdings Corporation, an employee-owned company, is set to acquire Cleburne Farm Supply (CFS) in January 2024. CFS will operate as a second location for Parman Tractor & Equipment (PT&E), a subsidiary of Parman Holdings....


Palmer Johnson Enterprises Acquires South Carolina-based Continental Engines Inc.

Palmer Johnson Enterprises has acquired Greenville, S.C.-based Continental Engines LLC, a leading distributor specializing in diesel engines and generators. The Continental acquisition is a significant step in Palmer Johnson's nationwide expansion and its commitment to diversifying its offerings within the offhighway equipment industry....


Vanguard Truck Centers Acquires Nacarato Truck Centers, Becoming One of Volvo Trucks' Largest Dealer Groups

Volvo Trucks North America announced that its independent authorized dealer Vanguard Truck Centers, a full-service commercial truck dealer group and leasing operation, acquired Nacarato Truck Centers to become one of Volvo Trucks' largest dealer groups in North America....


Fecon Acquires Stumper Industries

Fecon LLC, a global manufacturer of heavy-duty site preparation attachments and forestry accessories, recently acquired Stumper Industries, a manufacturer of stump grinder attachments for mini and standard skid steers and compact track loaders, excavators and tractor applications....


4Rivers Equipment Acquires Honnen Equipment Locations in Colorado

As of Dec. 12, 4Rivers Equipment embarked on an exciting expansion journey, solidifying its commitment to serving customers across Colorado with the acquisition of three Honnen Equipment locations in Commerce City, Grand Junction, and Durango....


Benchmark Tool and Supply Expands Market Presence With Acquisition of TigerSupplies.com

Benchmark Tool and Supply, a provider of construction technology solutions, announced the successful acquisition of TigerSupplies.com, a prominent online retailer specializing in construction lasers and surveying equipment....


RDO Equipment Co. Announces Agreement with Honnen Equipment to Purchase Eight Stores

RDO Equipment Co. announced that it has entered into a definitive agreement to acquire Honnen Equipment's John Deere construction equipment locations in Wyoming, Utah and Idaho. The acquisition, expected to close Dec....


4Rivers Equipment Expands Colorado Presence with Acquisition of Three Honnen Equipment Locations

Effective Dec. 11, 4Rivers Equipment is set to expand its service in the Colorado region, as it finalizes the acquisition of three Honnen Equipment locations in Commerce City, Grand Junction and Durango....





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