Quikrete assimilates Forterra Precast as sister Rinker Pipe brand

Atlanta-based Quikrete Holdings LLC acquired all outstanding Forterra Inc. shares late last month and established the Irving, Texas concrete pipe, drainage structure, structural precast and ductile iron pipe giant as a wholly owned subsidiary. The incoming assets significantly extend the drainage and short-span bridge market footprints of sister Quikrete businesses, Rinker Pipe and Contech Engineered Solutions; add precast, prestressed plants…

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Quikrete closes on Forterra, creating pipe and precast powerhouse

Sources: Quikrete Holdings Inc., Atlanta; CP staff Quikrete Holdings has acquired all outstanding Forterra Inc. shares and established the concrete pipe, drainage structure, structural precast and ductile iron pipe producer as a wholly owned subsidiary. The incoming assets significantly extend the drainage and short-span bridge market footprints of sister Quikrete businesses, Rinker Pipe and Contech Engineered Solutions, and bring a…

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Vulcan dives deep into ready mixed with U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff Vulcan Materials and U.S. Concrete have entered into a definitive merger agreement projected to close the second half of 2021. The former will acquire all U.S. Concrete common stock for $74 in cash, representing a total equity value of just under $1.3 billion. The agreement sets the stage for…

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