Harrison Gypsum, a vertically integrated producer and processor of minerals and aggregates, has acquired The Gravel Company LLC. The company will do business as ACG Materials.
Harrison Gypsum, based in Norman, Okla., mines, mills, processes and distributes minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel and downstream food, pharmaceutical and plaster products in the Southwest. The company operates out of 20 locations in Oklahoma and Texas and serves a diverse set of end markets including building products, energy, industrials, infrastructure, agriculture, food and pharmaceuticals.
The Gravel Company operates out of seven locations, producing aggregate material, including sand and gravel, limestone and caliche, used to build and maintain roads and well pads in the oil-rich Eagle Ford Shale region.
“We are very excited about the expansion of our operations in the Eagle Ford region. The acquisition gives us 13 locations in Eagle Ford, which is the largest footprint in the region,” commented Russ Harrison, chief executive officer of Harrison Gypsum. “We are excited about the benefits it will bring to our customers allowing them to receive high quality products, excellent customer service and reliable delivery from a single supplier.”
Harrison Gypsum is part of the H.I.G. Capital portfolio of companies. “We are pleased to support Harrison Gypsum in its acquisition of The Gravel Company,” commented Keval Patel, a managing director of H.I.G. Capital. “The investment continues our strategy to expand Harrison Gypsum’s geographic reach, minerals processed and the end markets we serve. The Eagle Ford Shale region is one of the fastest growing regions in the United States and poised for sustained success.”