SRM Materials, the aggregate division of SRM Concrete, acquired Clinton-Tecumseh Aggregates, a sand and gravel quarry in Lenawee County. This addition marks the company’s second quarry in Michigan and the 17th nationwide.
President of SRM Materials Ryan Hollingshead stated, “We are thrilled to have added another quarry in Michigan to help supply the needs of our concrete plants. Not only did we gain a great mining site, but we gained a great team as well.”
Also, SRM Concrete announced the acquisition of Darby Ready Mix in Southeast Michigan. This acquisition will add two new ready-mix concrete plants and a quarry to the family-owned company’s 23 existing Michigan locations.
CEO Jeff Hollingshead stated, “We are excited to announce the acquisition of Darby Ready Mix. They have a history of great service and quality, and we look forward to welcoming them to our team. With our current network of quarries and ready-mix plants across Michigan, this acquisition bolsters our market position in the state and enables us to provide better service to our existing customers.”
SRM Concrete is the largest privately-owned ready-mix concrete manufacturer in the country. Established in 1999 by Mike and Melissa Hollingshead in Smyrna, Tenn., the family-owned company owns and operates an expansive network of ready-mix concrete plants, quarries, cement terminals, and other ancillary services. SRM Concrete focuses on providing building material services across the commercial and residential construction segments.
SRM Concrete has pursued an active acquisition strategy, having successfully acquired and integrated more than 70 companies since 2005. SRM currently has more than 5,000 team members with locations that span 16 states.