Yanmar Group has completed its acquisition of compact equipment manufacturer ASV Holdings Inc. (ASV), a manufacturer of compact tracked loaders and skid-steer loaders. The acquisition was approved at the beginning of September of this year by ASV stockholders.
ASV Holdings (NASDAQ: ASV), a manufacturer of rubber-tracked compact track loaders (CTLs) and wheeled skid steer loaders (SSLs) in the compact construction equipment market, announced that it has entered into a definitive merger agreement with an affiliate of Yanmar Holdings.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.