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FAYAT Group acquires ADM

July 3, 2024  By Rock To Road Staff



HUNTERTOWN, Indiana – FAYAT Group has acquired a controlling interest in Asphalt Drum Mixers Inc. (ADM).

ADM manufactures high-quality asphalt plants and components for contractors and asphalt producers worldwide. FAYAT states the acquisition strengthens the company’s strategic position in the road construction and maintenance equipment segment. ADM is joining the FAYAT Mixing Plants business unit, which includes the brands ERMONT, a worldwide leader in continuous mixing plants, and MARINI a worldwide leader in batch mixing plants.

The acquisition of ADM also allows FAYAT to expand its strategic position in North America, by leveraging synergies with the following brands already present in the asphalt business: BOMAG, DYNAPAC and SECMAIR.

“This acquisition is a great opportunity for the FAYAT Group and its customers, as ADM is a key player in the road construction equipment market in North America, with a highly recognized brand,” said Jean-Claude Fayat, president of the FAYAT Group. “ADM has an excellent strategic place in our Group, and we plan to grow and expand its presence and product offering. We will leverage its expertise and technologies together with our existing portfolio to continuously develop equipment that closely addresses our customers’ needs.”

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To ensure continuity and an effective transition, FAYAT states the Boyd-Devine family will remain as a minority shareholder and that Mike Devine will continue as president of ADM.

Under the FAYAT umbrella of companies, ADM will operate as an autonomous manufacturer continuing to market its products under the ADM brand. ADM will also continue to provide its customers with long-lasting solutions to meet the custom requirements of every job, from planning to production to service after the sale. In the development of future technologies, ADM will collaborate with other companies within the FAYAT Group to offer customers the best solutions for tomorrow’s challenges.

“We are very happy to join the FAYAT family and have already seen many opportunities to grow ADM and to offer more and better solutions to our customers” said Mike Devine, president of ADM. “We look forward to a long-lasting partnership with the FAYAT Group.”


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