Astec Industries to acquire TerraSource Global for $245M

Astec Industries entered into a definitive agreement to acquire TerraSource Global for $245 million, a move to enhance its materials solutions segment and expand globally, including in the Australian mining market. TerraSource provides crushing, screening, feeding and material handling equipment.

“Astec Industries has entered into a definitive agreement to acquire TerraSource Global for $US245 million ($379 million) in a strategic move poised to enhance its materials solutions segment and fuel global growth”australianmining.com.au

• 1 source
• australianmining.com.auAstec’s TerraSource acquisition set to bolster Australian mines - Australian MiningOlivia ThomsonJun 6, 2025

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