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Mergers & Acquisitions
Mergers & Acquisitions
Komatsu Expands Reman with SRC of Lexington Acquisition
Komatsu North America plans to acquire SRC of Lexington, boosting remanufacturing capacity and customer support as demand for reman solutions grows.
February 12, 2026
Mergers & Acquisitions
Garney Acquires Emery & Sons, Expanding its Northwest Reach
The move adds nearly 60 years of underground utility and heavy civil expertise to Garney's team.
February 6, 2026
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February 1, 2026
Asset tracking & management
John Deere to Acquire Tenna, An Equipment Tracking Provider
Tenna offers mixed-fleet equipment operations and asset tracking solutions for heavy equipment, trucks and attachments. The deal is set to close in February.
January 6, 2026
Mergers & Acquisitions
Develon, Hyundai Merger Forms Korea's Largest Construction Equipment Company
The newly formed HD Construction Equipment outlines its global growth plans and next-gen excavator rollout.
January 5, 2026
Mergers & Acquisitions
Stellar Industries Expands into Utility Sector with Elliott Equipment Company Acquisition
The acquisition expands Stellar's portfolio into truck-mounted aerial work platforms, digger derricks and cranes.
December 8, 2025
Mergers & Acquisitions
Terex to Exit Genie Aerial Lift Business, Merge with Specialty Manufacturer Rev Group
The Genie parent company is exiting its aerial segment and will have a 58% share in a merged $7.8B equipment manufacturing company.
October 30, 2025
Mergers & Acquisitions
Allison buys Dana's off-highway business
Allison Transmission acquired Dana's off-highway business in a $2.7 billion deal announced Wednesday.
June 11, 2025
Mergers & Acquisitions
Herc Swoops in to Outbid United Rentals in Mega Deal to Acquire H&E
The new proposal from Herc offers $105 per share versus the $92 per share United Rentals offered last month.
February 19, 2025
Mergers & Acquisitions
United Rentals to Acquire H&E Rentals in $4.8B Deal
One of the world's largest equipment rental companies would obtain H&E's 160 branches in 30 states to increase its U.S. market share.
January 16, 2025
Dealers
4Rivers Equipment to Acquire 3 Honnen Equipment Locations
Deere dealer Honnen Equipment continues to divide and sell its locations. 4Rivers Equipment is the latest buyer, picking up three locations in Colorado.
November 23, 2023
Dealers
German-Based Ferronordic Acquires One of Volvo CE's Largest U.S. Dealers
Ferronordic, a Volvo CE dealer with 28 locations in Germany and Kazakhstan, is expanding into the U.S. market by purchasing Rudd Equipment Company.
November 21, 2023
Mergers & Acquisitions
CNH Industrial Set to Acquire Hemisphere GNSS
This is CNH’s second acquisition of a precision technology company in recent years as the company looks to advance its automated and autonomous solutions for agriculture and construction.
April 5, 2023
Business
Randall-Reilly acquires data assets from Informa
The deal includes Equipment Watch, Price Digests and FleetSeek, which provide proprietary pricing data, information and insights to businesses making decisions and investments in heavy construction equipment and other assets.
December 1, 2021
Construction Equipment
Prinoth Purchases Jarraff Industries
Prinoth has purchased 100 percent of the capital stock of a Minnesota-based manufacturer of right-of-way maintenance equipment.
October 12, 2021
Mergers & Acquisitions
Acquisition complete, Joy Global is now Komatsu Mining Corp.
Komatsu today announced that it has completed its acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Citing a belief that the mining industry will see a long-term rebound driven by increased demand for larger equipment in surface mining and further development of underground mining, Komatsu first announced the $3.7 billion deal in July 2016. Though […]
April 5, 2017
Business
Terex completes sale of MHPS business to Konecranes
Terex has announced that it has completed the sale of its Material Handling and Port Solutions Business to Finnish manufacturer Konecranes. Announced in May 2016, the sale finished at a price of $595 million plus €200 million in cash, and 19.6 million newly issued class B shares representing a 25-percent interest in Konecranes, Terex reports. Terex says […]
January 5, 2017
Business
Komatsu, Joy Global CEOs talk merger at MINExpo meeting
In an already busy week for Komatsu at the MINExpo show in Las Vegas that included the unveiling of a fully-autonomous haul truck and even a wedding, the company found time to also tout its pending acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. On the show floor, Komatsu president and CEO […]
September 29, 2016
Dealers
Ritchie Bros. to acquire online equipment auctioneer IronPlanet for $758.5 million
Announced late Monday evening, the auction giant Ritchie Bros. is acquiring internet-based auction company IronPlanet for approximately $758.5 million. The deal is Ritchie Bros. second acquisition this month following an August 2 announcement that the company would buy New England-based Petrowsky Auctioneers for $7 million. IronPlanet burst onto the heavy equipment auction scene in 1999 […]
August 29, 2016
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