Vulcan Materials consummates U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff Texas-based U.S. Concrete Inc. has become a wholly-owned Vulcan Materials subsidiary with the completion of a stock buyout offer announced in June. The transaction, notes Vulcan Materials Chairman Tom Hill, “Is an important milestone as we welcome U.S. Concrete and its talented team while also taking the next step in our growth…

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Chaney Enterprises adds Branscome ready mixed, terminal assets

Sources: Chaney Enterprises, Gambrills, Md.; CP staff Chaney Enterprises is extending its Virginia footprint south and east, into the Hampton Roads market, with the acquisition of Chesapeake, Exmore and Tasley ready mixed concrete plants, plus the Chesapeake Barge Terminal, from Branscome Inc. of Williamsburg, Va. Also known as the Branscome Dominion Yard, the terminal serves as a gateway for delivery…

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Illinois Brick plumbs Brickworks’ Midwest vertical integration

Sources: Brickworks Ltd., New South Wales, Australia; Brickworks North America Corp., Wyomissing, Pa.; CP staff Brickworks, the ambitious Australian operator building a North American platform from a 2018 deal for Pennsylvania’s Glen-Gery Corp., will strengthen its Great Lakes region production and distribution footprint by acquiring certain assets of Palos Hill, Ill.-based Southfield Corp. At the heart of the $51 million…

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White Cap closes on National Concrete Accessories Canada

Sources: White Cap Supply Holdings LLC, Atlanta; CP staff White Cap Supply Canada Inc. has acquired Alberta-based National Concrete Accessories (NCA) Canada Inc., assimilating it with existing Brafasco and Brock White Canada businesses. The transaction is the first of its kind since Atlanta parent White Cap was spun off from HD Supply in October 2020, then merged with Denver-based Construction…

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DEX deal paves UHPC, terrazzo path for Gate Precast

Sources: Gate Precast Co., Jacksonville, Fla.; CP staff In a move that considerably expands offerings of both parties, Gate Precast has acquired the assets of DEX Industries, creating a newly branded division, “DEX by Gate,” that will operate within the latter’s Atlanta facility. Founded in 1999 by Craig Smith and interior designer Lauriel Leonard, DEX is one of the pioneers…

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Forterra builds Heartland footprint with Barbour Concrete deal

Sources: Forterra Inc., Irving, Texas; CP staff Concrete pipe and precast market leader Forterra has acquired the business of Barbour Concrete Co. and Barbour Building Systems, an Independence, Mo. producer of structures for drainage, stormwater management, utility and other infrastructure applications. 

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BMC adds Stewart Concrete, Stewart-Morrison RM operations

Sources: BMC Enterprises Inc., St. Louis; CP staff St. Louis aggregates and concrete top gun BMC Enterprises has entered precast concrete, acquiring Stewart Concrete Products of Halfway, Mo., and announced a strategic partnership with Stewart-Morrison Redi-Mix, Inc. of West Plains, Mo. Both will operate as portfolio companies under BMC. Acquired assets include five concrete products locations, eight ready mixed plants…

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Investment bank positions Thompson Pipe Group for deal making

Sources: Thompson Pipe Group, Rialto, Calif.  Thompson Pipe Group has engaged B. Riley Securities, a full-service investment bank and subsidiary of Los Angeles-based B. Riley Financial Inc., to support growth beyond four acquisitions to date, most recently U.S. Pipe concrete and steel pressure pipe assets from Forterra Inc., plus a Rinker Materials site in Corona, Calif.  “Our executive team looks…

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Martin Marietta blazes Pacific trail in Lehigh Hanson West deal

Sources: Martin Marietta Materials, Raleigh, N.C.; HeidelbergCement AG, Germany; CP staff Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson West Region operations in Arizona, California, Nevada and Oregon. Anchoring the asset package are the Lehigh Cement Redding and Tehachapi, Calif. plants, with combined annual capacity upward of…

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