Industry Update: Construction Machinery & Equipment

Industry Highlights

  • On October 16, 2023, Atlas Copco Group acquired ACJ, s.r.o., a compressor distributor in Samorin, near Bratislava in western Slovakia. The company has 14 employees and offers sales and service of compressors, dryers, and other compressed air equipment to general industry.
  • On August 1, 2023, Oshkosh completed the $820 million acquisition of JBT AeroTech from JBT Corporation. When adjusted for the present value of expected tax benefits of approximately $80 million, the purchase price is $720 million. This represents approximately 9x earnings before interest, taxes, depreciation and amortization based on the expected 2023 second half run-rate or approximately 7.2x EBITDA including expected run-rate synergies.

Past Industry Updates

Construction Machinery & Equipment: June 2023

Construction Machinery & Equipment: November 2022

More Industry Reports

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