Right lane industries announces sale of terrasource holdings to astec industries

Coconut grove, fla.--(business wire)--right lane industries (“right lane”), a privately-held industrial-holding company focused on corporate carveouts and other complex transactions, today announced that it has signed an agreement to sell terrasource holdings llc (“terrasource”) to astec industries (“astec”) for a purchase price of $245 million. terrasource, headquartered in saint louis, is a leading provider of material handling equipment and related aftermarket parts and services for crushing.
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