# Yanmar and ASV finalize merger into Yanmar Compact Equipment North America

Yanmar Group and ASV Holdings Inc. have finalized their merger, creating a single legal entity, Yanmar Compact Equipment North America (YCENA). The merger follows Yanmar's $70.7 million acquisition of ASV, first announced in June 2019 and approved in September 2019.

- Type: Acquisition
- Announced: 2023-02-09
- Where: United States
- Value: $70.7M
- Status: completed
- Products: compact equipment, mini excavators, compact wheel loaders, tracked carriers, compact track loaders, skid steers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [YANMAR Compact Equipment North America](https://endata.com/companies/51658.md)
- [Yanmar Holdings](https://endata.com/companies/4521.md) (acquirer)
- [ASV Holdings](https://endata.com/companies/40284.md) (target)

## Sources

- [equipmentworld.com](https://www.equipmentworld.com/business/mergers-acquisitions/article/15306529/yanmar-asv-merger-finalized), 2023-02-09: "This is a huge step for us, our dealers and our customers."

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