Concrete reinforcing steel market leader Commercial Metals Co. has acquired Denton, Texas-based EDSCO Fasteners LLC from MiddleGround Capital, a private equity firm with New York and Kentucky offices. EDSCO custom engineers anchor cages, bolts, and fasteners to secure high voltage electrical transmission poles to concrete foundations. As the top source of such cages, it serves the North American market from…
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Tensar International leads Commercial Metals into geogrid market
A top player in concrete rebar production and fabrication, Dallas-based Commercial Metals Co. (CMC) has entered a definitive agreement to acquire Tensar International Corp., Alpharetta, Ga., from Castle Harlan Partners V L.P. in a $550 million transaction. “This compelling acquisition advances CMC’s strategy to expand our leadership in construction reinforcement with value-added products that complement our existing offering,” says CMC…
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