Carmeuse Americas has acquired 100% of the equity of Schlegel Sand and Gravel from Mark and Matt Schlegel. Schlegel Sand and Gravel, located in Lansing, Mich., services the Michigan construction market.
Yves Willems, president and CEO of Carmeuse, stated, “By acquiring Schlegel Sand and Gravel, Carmeuse expands its geographical reach within the state of Michigan. In addition, the high-quality products sold by Schlegel Sand and Gravel complement the construction aggregates sold from our quarries on the Great Lakes.”
Jack Fahler, COO of Carmeuse, emphasized that, “Acquiring Schlegel Sand and Gravel advances our strategy to grow the construction business. Schlegel Sand and Gravel is a well-managed company with a strong customer base.”
Mark Schlegel stated, “We are pleased to close this transaction with Carmeuse. It is a good deal for both parties.”
Founded in 1860, Carmeuse is a manufacturer of lime, limestone and mineral-based products used in a variety of industrial, construction, and soil improvement applications. Its products benefit the environment by providing cleaner air and safer water. Carmeuse, and its subsidiaries, also offer equipment and services to optimize its customers’ processes, improve safety, provide reliable supply and lower CO2 emissions. With global headquarters located in Louvain-la-Neuve (Belgium), and U.S. headquarters in Pittsburgh, the Carmeuse Group has approximately 4,500 employees and serves approximately 13,000 customers annually through a global network of 90 plants and 60 quarries.
Founded in 1946, Schlegel Sand and Gravel is a supplier of aggregate materials, such as sand, gravel, topsoil and stone for both commercial and residential use in the greater Lansing, Mich., area. Schlegel Sand and Gravel was also one of the first to have a permanent recycling facility, recycling and selling crushed asphalt and crushed concrete. Schlegel Sand and Gravel has distinguished itself as a respected partner with high-quality aggregates and a loyal customer base, the company stated.