Valuation Industry Reports: Construction Machinery & Equipment

VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Construction Machinery & Equipment industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Read the full report

Industry Highlights

On April 14, 2022, Cummins Inc. announced that it closed on its acquisition of Jacobs Vehicle Systems from Altra Industrial Motion Corp. for approximately $325 million. Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies.
On February 25, 2022, Cummins Inc. and Meritor, Inc. announced that they entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion.