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New Deal


Announced

Completed

Modern Machinery sold its Far East Russian business to ISTK.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Russian Federation

heavy machinery

Completed

Machinery: Industrial

Private

Acquisition

Friendly

Single Bidder

Synopsis

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The Washington Companies-owned Modern Machinery, which sells and rents high quality heavy equipment, sold its Far East Russian business to ISTK, an official distributor of Komatsu in Russia since 2001. Financial terms were not disclosed.

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