Sources: Coco Group, Toronto; CP staff
Family-owned Coco Group, with integrated construction materials and heavy civil contracting businesses, has closed on the Russell Group, a peer operator serving Manitoba and Saskatchewan.
Under its Russell Redi-Mix Concrete, Langenburg Redi-Mix Ltd., and Roblin Redi-Mix Ltd. brands, Russell Group produces and hauls aggregates, owning or operating 25-plus gravel pits, and provides a range of construction and retrofit services in heavy civil, roadway and railway works markets. Acknowledging the full Russell team inherited with the transaction, CEO Jenny Coco notes, “Under the continued leadership of Ken Magnowski and Sam Brown, the company is poised to strengthen and grow our presence in Western Canada.”
“Our heavy civil construction expertise now spans from Alberta to Quebec and with this purchase we are able to service a new, diversified client base ranging from the potash industry [to] municipal and provincial governments, [while] expanding our Country’s transportation infrastructure network,” adds President Rocky Coco, who runs the business with his sister and parents, Nina and Bill Coco, who founded the company near 50 years ago.
The Russell operations join a Coco Group portfolio that includes portable concrete batch plants; a precast concrete business, Co-Pipe Products; and, an asphalt cement terminal (Coco Asphalt Engineering), along with 27 stationary and two portable asphalt plants.