Astec Industries (NASDAQ: ASTE) announces entering into a definitive agreement to acquire MINDS Automation Group Inc.
“MINDS technology complements our existing offerings for asphalt production," said Barry Ruffalo, President and CEO Astec Industries. "Our combined business will provide the knowledge and resources to further invest in industry leading innovations that drive value for customers."
MINDS Inc. CEO Pierre Vidaillac and the leadership team will stay with Astec to support the advancement of our automation and controls technology and our overall Rock to Road™ digital platform.
Continue to learn about the acquisition in our press release: ASTEC Builds On Technology Platform With Acquisition Of MINDS Automatin Group Inc.