Astec Enters into Definitive Agreement to Acquire CWMF Corporation
Astec Industries, Inc. (ASTE)
Last astec industries, inc. earnings: 3/3 07:57 pm
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Source: GlobeNewswire
CHATTANOOGA, Tenn., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) (“Astec” or “Company”) today announced the signing of a definitive agreement to acquire CWMF Corporation (“CWMF”). CWMF (https://cwmfcorp.com/) is a manufacturer of portable and stationary asphalt plant equipment and parts with annual revenues of approximately $50 million. The distribution of CWMF products is primarily concentrated in the Midwest, South-Central and Great Lakes regions of the United States. Jaco van der Merwe, Astec President and Chief Executive Officer said, “The pending CWMF acquisition is consistent with our disciplined growth strategy. Based on the extensive product and manufacturing knowledge of our combined teams, we anticipate integration to be efficient. Our organizations are a strong cultural fit, and we look forward to having the CWMF employees join the Astec team.” Brian Harris, Chief Financial Officer added, “We anticipate closing on the CWMF acquisition in the f
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ASTE
News
- Astec: Becoming A Stronger Business [Seeking Alpha]Seeking Alpha
- Astec Enters into Definitive Agreement to Acquire CWMF Corporation [Yahoo! Finance]Yahoo! Finance
- The Strong Earnings Posted By Astec Industries (NASDAQ:ASTE) Are A Good Indication Of The Strength Of The Business [Yahoo! Finance]Yahoo! Finance
- Astec Industries, Inc. (NASDAQ: ASTE) to Participate in Stephens Investment Conference (NASH2025) on November 18, 2025GlobeNewswire
- Astec Industries, Inc. (NASDAQ: ASTE) to Participate in Baird 2025 Global Industrial Conference on November 13, 2025GlobeNewswire
ASTE
Earnings
- 11/5/25 - Beat
ASTE
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- ASTE's page on the SEC website