# Yanmar to acquire ASV Holdings for $70.7 million

Yanmar Holdings has signed a definitive merger agreement to acquire ASV Holdings, a manufacturer of compact track loaders and skid steer loaders, for $70.7 million. The transaction is expected to close in Q3 2019.

- Type: Acquisition
- Announced: 2019-06-27
- Where: Grand Rapids, Minnesota, United States
- Value: $70.7M
- Status: announced
- Products: compact track loaders, skid steer loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yanmar Holdings](https://endata.com/companies/4521.md) (acquirer)
- [Terex Corporation](https://endata.com/companies/15079.md) (investor)
- [ASV Holdings](https://endata.com/companies/40284.md) (target)

## Sources

- [yanmar.com](https://www.yanmar.com/global/news/2019/06/27/56700.html), 2019-06-27: "We believe that the Yanmar Group’s acquisition of ASV will significantly bolster Yanmar’s compact equipment offerings in the loader segment."
- [yanmar.com](https://www.yanmar.com/us/news/2019/06/27/56700.html), 2019-06-27: "We believe that the Yanmar Group’s acquisition of ASV will significantly bolster Yanmar’s compact equipment offerings in the loader segment."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1690881/000119312519183619/d778233dex991.htm), 2019-06-27: "We are excited to announce this value-maximizing transaction with Yanmar."
- [compactequip.com](https://compactequip.com/skid-steers/whoa-yanmar-to-acquire-asv-holdings-original-north-american-maker-of-track-loaders-for-70m/), 2019-06-27: "ASV Holdings Inc. had been acquired by global compact equipment player Yanmar through a statutory merger."
- [yanmar.com](https://www.yanmar.com/jp/news/2019/06/28/56731.html), 2019-06-28: "今回の買収により、北米市場で需要が高いローダー製品を追加することになり、ヤンマーは北米における建機商品のラインアップを強化することができます。"
- [americanrecycler.com](https://americanrecycler.com/business-briefs/asv-signs-definitive-merger-agreement-with-yanmar/), 2019-07-29: "ASV stockholders will receive $7.05 in cash for each outstanding share of ASV common stock, for a total value of $70.7 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.