Right Lane Industries Announces Sale of TerraSource Holdings to Astec Industries

Right Lane Industries sells TerraSource Holdings to Astec Industries for $245 million. Acquisition aims to enhance TerraSource's global position in material handling equipment and services. Transaction expected to close by July 1, 2025, pending regulatory approvals....

machineryasia machineryasia
May 1, 2025 - 13:50
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Right Lane Industries sells TerraSource Holdings to Astec Industries for $245 million. Acquisition aims to enhance TerraSource's global position in material handling equipment and services. Transaction expected to close by July 1, 2025, pending regulatory approvals....
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