ST. LOUIS--(BUSINESS WIRE)--TerraSource Global – a leading provider of solutions for natural resource recycling, material handling, product classification, and liquid/solid separation under the brands ...
COCONUT GROVE, Fla.--(BUSINESS WIRE)-- Right Lane Industries (“Right Lane”), a privately-held industrial-holding company focused on corporate carveouts and other complex transactions, today announced ...
Right Lane Industries, a holding company that’s a spin-off of Right Lane Capital, and Hillenbrand have agreed to sell TerraSource, a St. Louis, Missouri-based provider of material handling equipment ...
CHATTANOOGA, Tenn., July 01, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) (“Astec” or “Company”) today announced the completion of its acquisition of TerraSource Holding, LLC. Astec ...
Astec Industries, Inc. on Tuesday announced its financial results for the first quarter ended March 31. "We are pleased to report another strong quarter in line with our plans to deliver consistency, ...
Shares of Astec Industries (NASDAQ:ASTE) surged 17% in premarket trading Wednesday after the company posted a sharp year-over-year earnings turnaround and raised its full-year profit outlook, even as ...
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Astec Industries outlines $105M-$125M adjusted EBITDA target for 2025 supported by TerraSource acquisition
CEO Jaco van der Merwe announced that Astec Industries delivered strong Q1 results, with adjusted EBITDA reaching $35.2 million, an 86.2% year-over-year increase, and adjusted earnings per share of $0 ...
Revenue growth potential, margin expansion, EPS accretive, enhanced cash flow Purchase price of $245 million in cash, on a cash-free, debt-free basis. Net purchase price of $230 million when adjusted ...
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