Source: BMC Enterprises Inc., St. Louis; CP staff
Through its Eastern Missouri Concrete affiliate, BMC Enterprises has acquired Hannibal, Mo.-based Mark Twain Redi Mix, whose assets include four plants, 50 mixer trucks, and a bulk hauling division.
“This acquisition is exciting for us as we simultaneously consolidate parts of our market, add to our geographic footprint, and create an immediate upstream synergy for our aggregate holdings,” says BMC CEO Nathan McKean. “We are delighted to welcome the employees of Mark Twain Redi Mix into the family, and look forward to serving a new customer base in northeast Missouri.”
The transaction is consistent with a long term, sustainable growth strategy in construction materials production, he adds. Mark Twain RM follows a handful of post-recession deals positioning BMC Enterprises—parent of the flagship Breckenridge Material Co. business—as the St. Louis region’s largest ready mixed and aggregates producer, with 40-plus Missouri and Illinois locations.