FAYAT Group acquires majority stake in Asphalt Drum Mixers

The FAYAT Group acquired a controlling interest in Asphalt Drum Mixers (ADM), a manufacturer of asphalt plants based in Huntertown, Indiana. The acquisition strengthens FAYAT's position in the North American road construction equipment market.

“This acquisition is a great opportunity for the FAYAT Group and its customers, as ADM is a key player in the road construction equipment market in North America.”aggbusiness.com

• 1 source
• aggbusiness.comFAYAT buying majority stake in ADM - Aggregates BusinessMike WoofJul 2, 2024

Summarized from public sources; check the original articles before acting on it.