Mutual Materials to acquire Montana’s Kanta Products

Sources: Mutual Materials Co., Bellevue, Wash.; CP staff

Mutual Materials anticipates closing this month on Kanta Products Inc., a Three Forks, Mont.-based concrete masonry, paving stone and Keystone Retaining Wall producer serving its home state plus Idaho and North Dakota.

“The purchase allows us to continue growing a great concrete products manufacturer within our Pacific Northwest footprint,” says Mutual Materials President Kendall Anderegg, who underscores Kanta Products’ history of high quality output and great customer service, and confirms that the business will continue under the legacy brand.

Family-owned Kanta Products is marking 70 years in operation this month. President Tom Kanta notes that the Mutual Materials transaction allows some key shareholders to transition from the business, and other shareholders to continue  orking for the company post acquisition. In a nod to Mutual Materials Chairman Joe Bowen, an established acquaintance, Kanta adds, “When we decided to transition the business, our first choice was to try to do something with Mutual Materials as we share so many long-standing family values.”