Silvi Concrete, a division of Silvi Materials headquartered in Fairless Hills, Pa., announced the acquisition of all the assets of L&L Redi Mix Concrete, headquartered in Southampton, N.J. The acquisition consists of six New Jersey-based concrete plants located in Southampton, Woodbury, Voorhees, Cinnaminson, Kingston and Clayton, along with a concrete recycling facility and a masonry supply yard.
L&L Redi Mix Concrete was founded in 1966 by Linwood Gerber and was joined by his three sons and many other family members. Son Lee Gerber, and grandsons Tyler Gerber and Jeff Lucas will be joining Silvi Materials in managerial capacities.
Laurence J. Silvi II, co-president, said, “I am looking forward to having a second and third generation of the Gerber family joining us and sharing our collective knowledge of the industry.”
In addition to the production facilities, approximately 100 trucks, 40 pieces of mobile equipment and 115 employees will join the existing Silvi Concrete division of Silvi Materials. The addition of L&L Redi Mix with Silvi’s ready mix plants will total 18 plants and operate approximately 300 front-discharge mixers.
“We are excited about this acquisition as it expands our footprint further in New Jersey, which will enable us to service our customers more effectively,” said John L. Silvi, co-president.
Silvi Materials, founded in 194, consists of five divisions: Silvi Concrete, Silvi Stone, Silvi Sand, Silvi Cement and Silvi Salt. The integrated divisions engage in the manufacture of ready-mixed concrete, the mining of sand and stone, and the importation and distribution of cement and salt all throughout Pennsylvania and New Jersey.