Forterra Building Products in Irving, Texas, has acquired one of the largest independents remaining in pipe and precast: Sherman-Dixie Concrete Industries, operating eight plants in Tennessee, Kentucky, Alabama and Indiana. It is the second major deal Forterra Building Products has closed since its early-2015 spinoff from Heidelberg Cement—following by four months the acquisition of Minnesota-based Cretex Concrete Products, with 17 pipe, precast and precast/prestressed plants in the upper Midwest.
Tag: Forterra Building Products
Sherman-Dixie deal shores up Forterra Building Products’ Southeast footprint
Sources: Forterra Building Products, Irving, Texas; CP staff
Forterra Building Products has acquired one of the largest independents remaining in pipe and precast: Sherman-Dixie Concrete Industries, operating eight plants in Tennessee, Kentucky, Alabama and Indiana. It is the second major deal Forterra Building Products has closed since its early-2015 spinoff from Heidelberg Cement—following by four months the acquisition of Minnesota-based Cretex Concrete Products, with 17 pipe, precast and prestressed plants across the upper Midwest.
Read MoreForterra branding decouples Hanson Building Products, HeidelbergCement
Sources: CP staff; Forterra Building Products Ltd., Irving, Texas
Officials characterize Hanson Building Products’ new name, derived from “giving form” (For-) and “the earth” (terra), as capturing the company’s essence and purpose. The Forterra brand spans the 130-plus facilities under the producer’s five U.S. and Canadian divisions—Brick, Pipe & Precast, Pressure Pipe, Roof Tile and Structural Precast—plus the masonry- and precast-driven United Kingdom Building Products division.
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