Astec Industries Completes Acquisition of CWMF for $67.5 Million

Reuters

Jan 02

Astec Industries Completes Acquisition of CWMF for $67.5 Million

Astec Industries, Inc. has completed the acquisition of CWMF, LLC for $67.5 million in cash on a cash-free, debt-free basis. With annual revenue of approximately $50 million, CWMF is expected to enhance Astec’s earnings, increase gross profit and adjusted EBITDA margins, and be accretive to earnings per share. The company anticipates realizing synergies by the end of the first year and expects the transaction to support further growth opportunities within its Infrastructure Solutions segment. CWMF’s strong customer relationships in the Midwest, South-Central, and Great Lakes regions are seen as an excellent fit with Astec’s business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astec Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9618757) on January 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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With annual revenue of approximately $50 million, CWMF is expected to enhance Astec’s earnings, increase gross profit and adjusted EBITDA margins, and be accretive to earnings per share. The company anticipates realizing synergies by the end of the first year and expects the transaction to support further growth opportunities within its Infrastructure Solutions segment. CWMF’s strong customer relationships in the Midwest, South-Central, and Great Lakes regions are seen as an excellent fit with Astec’s business.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astec Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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