Investment firms lay groundwork for $4 billion Construction Supply Group, White Cap merger

Two private equity fund managers have outlined a transaction spawning a powerhouse in concrete or masonry construction accessories and supplies, plus rebar fabrication. Clayton, Dubilier & Rice (CD&R), New York, will acquire HD Supply’s Construction & Industrial segment, better known as White Cap and including the Home Improvement Solutions and Brafasco businesses, then pursue a merger of that Norcross, Ga.…

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26 BBergt

An agreement between Montreal-based McInnis Cement and Centre québécois du Droit de l’Environnement (CQDE) advances the producer’s 2 million ton per year mill and marine terminal development in eastern Quebec. It calls for CQDE to withdraw from legal action through the Quebec Environment Ministry aimed at invalidating the authorization certificate for McInnis Cement’s Port-Daniel-Gascons operation.

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