A top player in concrete rebar production and fabrication, Dallas-based Commercial Metals Co. (CMC) has entered a definitive agreement to acquire Tensar International Corp., Alpharetta, Ga., from Castle Harlan Partners V L.P. in a $550 million transaction. “This compelling acquisition advances CMC’s strategy to expand our leadership in construction reinforcement with value-added products that complement our existing offering,” says CMC…
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Tensar acquisition ushers Commercial Metals into geogrid market
Sources: Commercial Metals Co., Dallas; CP staff A top player in concrete rebar production and fabrication, Commercial Metals Co. (CMC) has entered a definitive agreement to acquire Tensar International Corp. from Castle Harlan Partners V L.P. in a $550 million transaction. Alpharetta, Ga.-based Tensar is a leading subgrade reinforcement solutions provider through a) namesake, polymer geogrids used for ground stabilization…
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