Source: Dodge Data & Analytics, Hamilton, N.J. Dodge Data & Analytics and the Blue Book Building & Construction Network are combining their businesses, affording current and prospective customers access to the industry’s leading platform for data insight, market intelligence, firm discovery and networking. The Dodge | Blue Book Construction Industry Database will embody the industry’s most complete, up-to-date and accurate…
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Investment banker sees 2021 ushering fertile merger & acquisition conditions
Sources: FMI Capital Advisors, Raleigh, N.C.; CP staff Investment banking services provider FMI Capital Advisors analyzes key economic factors affecting cement, aggregate, concrete and asphalt producers last year as well as their implications for this year in “Capturing the Momentum: Construction Materials Review of 2020 and Outlook for M&A in 2021.”
Read MoreClyde Cos. elevates Hafen, Golding, Ritchie in leadership transition
Sources: Clyde Companies Inc., Orem, Utah The parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro and Scott Contracting has announced three executive promotions within its Intermountain State construction materials and road building operations. Jeremy Hafen, who during a 16-year tenure has led Clyde Business Group, Sunroc Corp. and Sunroc Building Materials, has been appointed Clyde Companies president. He assumes…
Read MoreConstruction Supply Group, White Cap investors fulfill merger plan
Sources: White Cap Holdings LLC, Atlanta; CP staff White Cap Supply and Construction Supply Group (CSG) have combined in a transaction valued at approximately $4 billion, netting the top North American distributor of concrete accessories plus specialty construction and safety products. Pursuant to a plan announced in August, the merger was consummated following spin off of the White Cap business…
Read MoreInvestors set $4 billion Construction Supply Group, White Cap merger
Sources: Clayton, Dubilier & Rice, New York; HD Supply Holdings, Inc., Atlanta; CP staff
Two private equity fund managers have outlined a transaction creating a powerhouse in concrete and masonry construction accessories and supplies. Clayton, Dubilier & Rice (CD&R) 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 entity with Construction Supply Group (CSG). Based in Denver, the latter is a portfolio company of Sterling Group, a Houston investor that has acquired concrete and masonry contractor centers since chartering the business in 2016 with Minnesota’s Brock White.
Read MoreMerger measures testing lab, surveying firm synergy
Sources: Cardinal Survey and Design, Willamsburg, Va.
Construction, engineering, land surveying and 3D imaging specialist Cardinal Survey has expanded into one of the industry’s fastest growing segments through a merger with Richmond, Va.-based Pro-Inspections Inc., which offers private or public market customers concrete strength testing plus structural engineering and evaluation services.
Read MoreIndiana Limestone takes on new dimension under Polycor
Sources: Polycor Inc., Quebec City, Quebec; CP staff
North America’s top natural stone producer, Polycor Inc., has effected a merger with a brand best known for The Pentagon and Empire State Building exteriors: Bloomington, Ind.-based dimensional stone, building product and hardscape unit fabricator Indiana Limestone Co. (ILCO).
Read MoreReading Rock, Russell union creates architectural cast stone leader
Sources: Reading Rock, Inc., Cincinnati; CP staff
Reading Rock and West Berlin, N.J.-based Russell Cast Stone Inc. have merged to form Reading Rock Russell LLC. With 168 years of industry presence, the combined entity is the largest producer of architectural concrete stone in the United States. Its RockCast brand spans architectural precast and masonry veneer units, custom cast stone, and lightweight stone products.
Read MoreHawkeyePedershaab unites with Germany’s BFS for deeper pipe, precast portfolio
Sources: HawkeyePedershaab Concrete Technologies Inc., Mediapolis, Iowa; CP staff
A merger with BFS Betonfertigteilesysteme GmbH enables HawkeyePedershaab to expand its concrete pipe and manhole machinery presence, and offer new product lines serving the pressure pipe, manhole, pole plant, and block & paver end-markets.
Read MoreContech deal nets Quikrete infrastructure market depth, Keystone brand
Sources: Quikrete Cos., Atlanta; CP staff
Quikrete Holdings Inc. will acquire all outstanding shares of Contech Engineered Solutions, LLC common stock in a transaction projected to close mid- to late-November. The companies announced a definitive merger agreement on October 24, following approval of both their boards.
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