Astec Completes Acquisition of TerraSource Holdings, LLC
Benzinga
JULY 1, 2025
Net purchase price of $230 million when adjusted for ~ $15 million net present value of anticipated tax benefits Annual run rate synergies ~ $10 million expected by end of year two Expect 2025 proforma net leverage ratio of ~ 2.0x net debt/adjusted EBITDA CHATTANOOGA, Tenn.,
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