# K-Tec acquires Ashland Industries

K-Tec Holdings LLC acquired Ashland Industries Holdings Inc., combining two manufacturers of earthmoving scrapers. The merger closed on February 28, 2020.

- Type: Acquisition
- Announced: 2020-03-11
- Where: Ashland, WI, United States
- Status: completed
- Products: earthmoving scrapers, accessory products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [K-Tec Holdings](https://endata.com/companies/45871.md) (acquirer)
- [Ashland Industries Holdings](https://endata.com/companies/45872.md) (target)
- [Owner Resource Group](https://endata.com/companies/45873.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200311005819/en/K-Tec-Acquires-Ashland-Industries), 2020-03-11: "The merger represents two highly regarded specialty manufacturing companies within the earthmoving industry."

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