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…
Read MoreMartin 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…
Read MoreGeorge Schofield Co. anchors Outdoor Living hardscapes franchise
Sources: Outdoor Living Supply, Rochester, Minn.; CP staff Outdoor Living Supply has commenced a hardscapes distribution business plan with the acquisition of Bridgewater, N.J.-based Geo. Schofield Co. Inc., a leading natural stone source. The transaction is the first for an entity established late last year in partnership with New York private equity firm Trilantic North America. OLS principals aim to…
Read MoreAmerican Highway acquires Minnesota’s Highway Materials
Sources: American Highway, a Simplex Company, Fernley, Nev.; CP staff American Highway, a key supplier of wire mesh, dowel or tie bars and related welded assemblies, curing compounds plus other concrete pavement accessories, has closed on peer operator Highway Materials LLC of Becker, Minn. The full-service manufacturer, fabricator and distributor was founded in 2014 by Mark Brinkman and Jake Steinberg,…
Read MoreLafarge Canada adds volumetric delivery through Béton Mobile deal
Sources: Lafarge Canada Inc., Mississauga, Ontario; CP staff Lafarge Canada has acquired Béton Mobile du Québec (BMQ), citing the Montreal market operator as “Canada’s most innovative volumetric delivery concrete company.” With a payroll of 26, BMQ specializes in the innovative design and flexible dispatch of highly durable and tailor-made specialty concrete mixes. Former principal Stéphane Pelletier will continue to lead…
Read MoreNew Enterprise enters Pennsylvania capital market in Hempt Bros. deal
Sources: New Enterprise Stone & Lime Co., New Enterprise, Pa.; CP staff New Enterprise Stone & Lime has acquired all the outstanding stock of Harrisburg, Pa.-based Hempt Bros. Inc., which operates two ready mixed concrete, three aggregate and four hot mix asphalt plants, plus a heavy civil construction business. The facilities are ideally situated between the suitor’s Chambersburg and Allentown…
Read MoreAGT Products expands concrete market reach through Rhino Products
Source: AGT Products Inc., Mississauga, Ontario AGT Products USA, a key player in building materials and top prefinished subfloor products distributor, has completed the full purchase of Ohio-based Rhino Carbon Fiber Products, which has a 20-year track record spanning innovative concrete strengthening and repair solutions for residential and commercial spaces. The acquisition sustains AGT’s growth strategy through expansion in the…
Read MoreSunrock Group adds Fenelon Ready-Mix to Canada platform
Sources: Sunrock Group, Raleigh, N.C.; CP staff Sunrock Canada Construction Materials has acquired Fenelon Ready-Mix located in Fenelon Falls, Kawartha Lakes, Ontario. Operated under the McConnell family since 1962, the Fenlon R-M business builds upon the 2020 acquisition of a high-quality Kwartha Lakes quarry and Spartan Ready-Mix in Uxbridge, Ontario.
Read MoreLafargeHolcim closes Firestone Building Products deal
Sources: LafargeHolcim, Zurich; CP staff Holcim Participations (US) Inc. has completed the acquisition of Firestone Building Products earlier than projected, positioning parent LafargeHolcim to target a new and expansive building market segment. The Nashville-based manufacturer is a key player in commercial roofing and building envelope solutions in the United States, with 2020 sales approaching $2 billion, and has 15 production…
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