Fayat acquires US asphalt plant manufacturer

Mitchell Keller Managing Editor, American Cranes & Transport

08 July 2024

France-based construction company Fayat Group has acquired a controlling interest in US-based Asphalt Drum Mixers (ADM), an asphalt plant and component manufacturer.

Financials for the purchase were not available.

Fayat said acquiring a majority share of ADM would help “expand its strategic position in North America” along with its current brands – Bomag, Dynapac, and Secmair – that already operate in the US asphalt sector.

ADM will join Fayat’s present brands –…

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