Acquiring Company
Astec Industries
Acquired Company
CWMF
ChattanoogaWaite ParkManufacturingBuilding MaterialManufacturingDescription
Astec Industries, Inc. has completed the acquisition of CWMF, LLC for $67.5 million in cash. This acquisition is expected to enhance Astec's gross profit margins and earnings per share. The integration aims to increase capacity in the Infrastructure Solutions segment and generate enhanced shareholder value.
Quick answer
Astec Industries is acquiring CWMF for $67.5 million, announced January 2, 2026. Astec Industries is based in Chattanooga, Tennessee, United States.
- How much did Astec Industries pay for CWMF?
- The reported deal value is $67.5 million.
- What does Astec Industries do?
- Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production.
- Where are Astec Industries and CWMF based?
- Astec Industries is based in Chattanooga, Tennessee, United States. CWMF is based in Waite Park, Minnesota, United States.
- Who are the decision-makers at Astec Industries?
- Fundz holds 3 contacts at Astec Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Astec Industries, and when
When Astec Industries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Astec Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Astec Industries, from your own LinkedIn network
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Frequently asked
Who acquired CWMF?
CWMF was acquired by Astec Industries, based in Chattanooga. The deal was reported on January 2, 2026. Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec Industries is publicly traded (ASTE) and operates in Manufacturing.
When did Astec Industries acquire CWMF?
Astec Industries's acquisition of CWMF was reported on January 2, 2026. Astec Industries, Inc. has completed the acquisition of CWMF, LLC for $67.5 million in cash. This acquisition is expected to enhance Astec's gross profit margins and earnings per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CWMF do?
CWMF is a United States manufacturer of portable and stationary asphalt plant equipment, including drum mixers and baghouses. Their equipment is known for durability, craftsmanship, and practical design. It is privately held, operating in Manufacturing, and is based in Waite Park.
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