Astec Industries, Inc. /
TerraSource Holdings, LLC
Astec Industries completes TerraSource acquisition
What happened
Astec Industries, Inc. completed its acquisition of TerraSource Holdings, LLC on July 1, 2025. The company paid $245.0 million in cash on a cash-free, debt-free basis, subject to a customary purchase price adjustment.
Astec said the acquisition was financed with credit facilities and cash on hand.
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Astec Industries completes TerraSource acquisition
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