# 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.

- Type: Acquisition
- Announced: 2025-06-06
- Where: United States
- Value: $245.0M
- Status: announced
- Products: crushing equipment, screening equipment, feeding equipment, material handling equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Astec Industries](https://endata.com/companies/48732.md) (acquirer)
- [TerraSource Global](https://endata.com/companies/85199.md) (target)

## Sources

- [australianmining.com.au](https://www.australianmining.com.au/astecs-terrasource-acquisition-set-to-bolster-australian-mines/), 2025-06-06: "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"

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