ACG Materials, an H.I.G. Capital company, acquired North Florida Rock Ltd. (NFR), a limestone producer that operates a quarry in Marianna, Florida, and ships rocks across the Florida Panhandle, Alabama and Georgia.
“We are excited about the strategic expansion of our operations into the Southeastern United States,” says Paul Harrington, CEO of ACG Materials. “NFR not only allows us to grow outside our core Oklahoma, Texas and Pacific Northwest markets, but also significantly expands our customer footprint and portfolio of limestone products within our expertise of mineral processing. NFR has had a long successful history dating back to 1998, and we will be sure to serve as great stewards of the business going forward.”
NFR is the sixth bolt-on acquisition ACG Materials has made since H.I.G. acquired the company at the end of 2012, ACG says.
ACG Materials, headquartered in Norman, Oklahoma, mines, mills, processes and distributes industrial minerals and aggregate to the building products, energy, industrials, infrastructure, agriculture, food and pharmaceutical markets.
