BMC Enterprises Inc., the parent of St. Louis based Breckenridge Material Co., has completed the acquisition of Lincoln County Sand & Gravel.
The acquired assets will immediately increase BMC Enterprises aggregate production and will strategically provide long term access to a significant natural glacial sand and gravel deposit. The new company will operate as BMC Sand, LLC.
The acquisition is consistent with BMC’s long-term sustainable growth strategy within the construction materials industry.
“Once again we are pleased to be able expand the portfolio of our aggregate holdings. We are excited about the immediately accretive effect, as well as more importantly, the long term strategic value that this acquisition will have for our downstream ready-mix and asphalt production facilities.” said Nathan McKean, CEO and owner of BMC Enterprises Inc.
Earlier this year BMC Enterprises Inc. launched BMC Asphalt LLC as a way to continue diversifying its construction material offerings in the St. Louis metropolitan area.
Founded in 1925, Breckenridge Material Co. is a family owned and operated company headquartered in St. Louis. BMC Enterprises has become the largest provider of ready mix concrete and construction materials in the St. Louis regional area operating more than 35 locations in Missouri and Illinois.