Lafarge sold its Quality Pavement Repair division to Quikrete. Harris Williams & Co. acted as the exclusive advisor to Lafarge. The transaction closed on June 3.

QPR manufactures, markets and distributes high-performance cold-mix asphalt for pothole and roadway repair throughout the United States and Canada. The Company has a broad base of end users and sells its packaged bagged product through Lowe’s and its bulk product through a nationwide distribution network for use in the public and private sector. In addition to its bagged and bulk high performance asphalt products, QPR sells a line of complementary QPR RoadShop-branded pavement repair products including driveway sealer, cold- and hot-pour crack fillers, and a complete line of pavement