Cretex operations bridge Hanson Building Products’ key market voids

Sources: Hanson Building Products, Irving, Texas; CP staff

In the first major transaction since its early-2015 dispatch from HeidelbergCement AG, Hanson Building Products has closed on Maple Grove, Minn.-based Cretex Concrete Products, with 17 pipe and precast plants across 11 states and a payroll of 850. They join a portfolio of 100-plus concrete and clay product sites in the U.S., Canada and United Kingdom.

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Cretex adds Iowa’s Quality Concrete, CSI Precast

Sources: Cretex Cos., Elk River, Minn.; CP staff

Cretex Concrete Products Midwest Inc. has acquired the assets of Des Moines-based Quality Concrete Pipe, Inc. and affiliate CSI Precast, LLC. QCP, which also does business under the CSI brand, produces reinforced concrete pipe, box culverts, drainage and utility structures, and retaining walls.

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