Holcim Ltd. has acquired Cajun Ready Mix Concrete, which leads the Baton Rouge, La. market with eight plants and 51-mixer truck fleet. The business is strategic to Lafarge ready mixed operations in New Orleans and becomes the latest bolt-on under Holcim’s Aggregates & Construction Materials U.S. umbrella.
“This acquisition expands our footprint in the dynamic Baton Rouge market, confirming our focus on growth in North America,” says Holcim Region Head, North America Toufic Tabbara. “Cajun’s commitment to innovation, service and quality, along with its industry relationships and engineering capabilities, are an ideal addition to our business. We’re excited to work with the Cajun team to build further partnerships across this highly attractive growth region.”
Cajun was founded in 2014 by Ryan Heck, a third-generation ready mixed concrete owner-operator in the greater Baton Rouge area. Holcim credits the company with providing “top-of-the-line concrete and customer service to residential, commercial, and industrial partners” and offering “an impeccable safety rating, while delivering an exceptional product.”
Tennessee-based ready mixed, block and aggregate producer SRM Concrete has acquired Young Trucking, the largest bulk cement transporter in southwest Florida. The transaction is the second in cement distribution for SRM Concrete, which in March acquired Pyles Transport, also of Tennessee. The Young fleet is positioned to supply 10 SRM Concrete ready mixed plants serving Gulf Coast markets from Port Charlotte to Fort Myers to Marco Island—six of them acquired this spring from Argos USA and Environmental Concrete & Materials.
“We are excited to bring the Young Trucking team on board,” says SRM CEO Jeff Hollingshead. “SRM’s service capacity has grown tremendously in the southwest Florida market in the last six months, and we believe Young’s material distribution network will help us continue to service our customers.”
Separately, SRM Concrete announced the addition of Darby Ready Mix in southeast Michigan. Consummated last month, the deal adds one quarry and concrete sites to the suitor’s 23 Michigan locations. “Darby Ready Mix [has] a history of great service and quality, and we look forward to welcoming them to our team,” says SRM CEO Jeff Hollingshead. “With our current network of quarries and ready mix plants across Michigan, this acquisition bolsters our market position in the state and enables us to provide better service to our existing customers.”
Concurrent with the Darby RM deal, SRM Materials acquired Michigan’s Clinton-Tecumseh Aggregates, a Lenawee County sand & gravel operator. The transaction brings to 17 the number of aggregate operations in the SRM Materials portfolio, 15 outside Michigan. “We are thrilled to have added another quarry in Michigan to help supply the needs of our concrete plants,” affirms CEO Ryan Hollingshead. “Not only did we gain a great mining site, but we gained a great team as well.”
Ohio-based Advanced Drainage Systems Inc., a leading provider of water management solutions in the stormwater and on-site septic wastewater industries and parent of North Carolina’s Foltz Concrete, has acquired Brookfield, Conn.-based Cultec Inc.
“Bob DiTullio Sr. founded Cultec in 1986 based on innovative technology, engineering expertise and a dedication to customer service. Since then, Cultec has continued to build a strong reputation with a growing group of engineers, distributors and contractors,” says ADS CEO Scott Barbour. “Today, Cultec designs and sells plastic chambers and related products into the stormwater and on-site septic markets. Their products expand ADS’ portfolio of solutions, enabling us to meet the growing and evolving needs of our customers. In addition to a complementary portfolio of products, we share similar values, including our common commitment to protecting the world’s most precious resource, water.”