Natural Resource Partners L.P. (NRP) announced that it has signed a definitive agreement to sell its construction aggregates business segment, VantaCore Partners LLC, to an affiliate of Sun Capital Partners Inc. for $205 million before transaction expenses and customary purchase price adjustments.
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Donahoo Promoted at VantaCore
VantaCore Partners LLC announced the appointment of Perry W. Donahoo to the position of chief executive officer. Since 2010, Donahoo has served as chief operating officer. Over his 30-plus-years career in the construction aggregates industry, Donahoo has served in various senior executive and operational roles with several major aggregate producers. VantaCore Partners LLC has significant market positions in Pennsylvania, Kentucky,…
Read MoreNatural Resource Partners Touts VantaCore Aggregates Segment
Natural Resource Partners reported net income from continuing operations attributable to the limited partners for the three months ended June 30, 2016, of $47.7 million, or $3.90 per unit, an increase of $13.3 million, from $34.4 million, or $2.82 per unit, a year earlier.
Read MoreVantaCore Drives Natural Resource Partners’ Q2 Success
Natural Resource Partners L.P. reported second quarter 2015 revenues and other income of $137.6 million compared to $90.6 million for 2014. Net income attributable to the limited partners for the second quarter of 2015 was $30.7 million, or $0.25 per unit, versus $30.8 million, or $0.28 per unit, for 2014.
Read MoreVantaCore Drives Natural Resource Partners Increases
Natural Resource Partners L.P. (NRP) reported 2014 revenues and other income of $399.8 million compared to $358.1 million for 2013. Net income attributable to the limited partners for 2014 was $106.7 million, or $0.94 per unit, versus $168.6 million and $1.54 per unit for 2013.
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