Displaying items by tag: acquisition

Romania: Romcim, a subsidiary of Ireland-based CRH, has concluded a deal with BCC Agregate Betoane for the acquisition of two ready-mix concrete plants in Iași County. The Romania Journal newspaper has reported that the proposed acquisition is under review by Romania’s Competition Council.

US: Precast concrete products specialist Del Zotto Concrete Products has announced its acquisition of Florida-based Gulf Coast Ready-Mix. Cision News has reported that Gulf Coast Ready Mix produces ready-mix concrete and concrete blocks for the Citrus County market and surrounding areas.

UK: Breedon Group has acquired County Durham-based Micromix (Northern). InsiderMedia News has reported that Micromix (Northern)’s 25-ready-mix concrete truck fleet supplies small-batch deliveries to private and commercial customers in the North of England and parts of Scotland.

US: Taiheiyo Cement USA has acquired California-based building materials producer Grimes Rock’s ready-mixed concrete and aggregates assets. Reuters has reported that the acquisition also includes some ‘affiliated’ assets.

US: Concrete and aggregates company Poeppelman Materials & Pepcon has acquired precast concrete producer Coate Concrete Products, local press has reported. Coate Concrete Products is based in West Milton, Ohio. Poeppelman Materials & Pepcon currently supplies its products to markets in Ohio and Indiana.

US: Eagle Materials has entered into an agreement to acquire aggregates producer Bullskin Stone & Lime for US$153m. Bullskin Stone & Lime serves the Pittsburgh and western Pennsylvania market. Eagle Materials expects to close the deal in the first quarter of 2025.

Eagle Materials president and CEO Michael Haack said the deal "complements and extends our network of aggregates quarries and cement plants and terminals in the region."

US: Construction firm ST Wooten has acquired Pennsylvania-based Capital Ready Mix Concrete. The Courier-Tribune newspaper has reported that the producer operates four ready-mix concrete batching plants in Pittsburgh.

US: Precast concrete group Alcrete has acquired South Carolina-based Benton Precast. Benton Precast occupies a 6.9-hectare precast concrete production site near Conway, South Carolina.

Alcrete says that the move represents its third acquisition in 2024 to date. The group already operates precast plants in Alabama, Florida, Kentucky and North Carolina.

US: Vulcan Materials has entered into an agreement to acquire California-based Superior Ready Mix Concrete. Superior Ready Mix Concrete’ operates 13 ready-mix concrete plants and six aggregates sites, with another 50 years’ combined reserves. Vulcan expects to close the deal by the end of December 2024.

US: Ireland-based CRH has acquired California-based aggregates and asphalt producer Dutra Materials. The FT newspaper has reported that the business will join CRH’s Americas Materials Solutions business.

CRH Americas Materials Solutions president Scott Parson said “Following our entry into California earlier this year via the acquisitions of BoDean Company and Northgate Ready Mix, we are excited to expand our presence.”