Over the past several years, there has been a heightened level of transaction activity within the construction materials industry. When relative valuations peaked in 2021 and early 2022, investment grade companies could borrow money at less than 2.0%, leading to a flurry of transaction activity.
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Sandvik and the Power of Collaboration
Digitalization is transforming the manufacturing industry.
Read MoreHolcim Closes Bolt-On Acquisitions
Holcim has closed the acquisition of the Utelite Corp, in Coalville, Utah, a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain Region, alongside operations in the Denver, Phoenix and Las Vegas metro areas.
Read MoreGetting to Know Your Team Again
People Are Coming Back To Work In Person And Leaders Need To Regroup. By Steve Schumacher As the pandemic eases, restrictions are lifted and businesses work to getting back to normal, people will be transitioning back into the workplace. As we all know, the face of work for most people will be different for a long time, if not forever.…
Read MoreLafargeHolcim Predicts Market Growth in North America
LafargeHolcim reported net sales growth of 5.1 percent in its fourth quarter. Four bolt-on acquisitions were completed in 2018 in Europe and North America, which drove growth and added to the company’s presence in Ready-Mix Concrete and Aggregates. These acquisitions had immediate impact on profitability and brought the company closer to its end-customers. Four more bolt-on acquisitions have been signed in 2019…
Read MoreVulcan Materials’ First-Quarter Revenues up 4 Percent
Vulcan Materials Co. announced results for the first quarter ended March 31, 2017. Net earnings were $45 million and Adjusted EBITDA was $149 million. The company’s first quarter results “reflect solid price growth in aggregates, the continuing recovery in construction materials demand and strong profitability in its Concrete and Asphalt segments,” according to the company.
Read MoreHi-Crush Partners Makes Acquisitions
Hi-Crush Partners LP announced that it has entered into a series of purchase agreements, including the acquisition of Permian Basin Sand Co. LLC from a third-party; the acquisition of the Whitehall facility from Hi-Crush Proppants LLC; and the acquisition of the remaining 2 percent additional interest in Hi-Crush Augusta LLC from Hi-Crush Proppants and additional properties located near the Whitehall…
Read MoreFred Weber, Rogers Group, Hawbaker, Make Acquisitions
Fred Weber Inc. Maryland Heights, Mo., has acquired the asphalt business of Pace Construction in the St. Louis area, nearly doubling the asphalt portion of Fred Weber’s business and growing the company’s revenues significantly.
Read MoreVulcan Completes Six Acquisitions
Vulcan Materials Co. completed six acquisitions during the third quarter of this year that “further expand the company’s footprint and reserve positions in the best markets in America,” according to the company. The most recent acquisitions include five aggregates facilities and associated downstream assets in Phoenix, Arizona and Albuquerque and Santa Fe, N.M., as well as an aggregates operation in…
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