mergers and acquisitions
Vulcan lands investor support for four Georgia quarries
Vulcan Materials Co. sold an interest in future production at four quarries in Atlanta to Plum Creek Timber Co. Inc. Vulcan Materials will receive $154 million in exchange for a percentage royalty interest in 255 million tons of aggregate production… Keep Reading
Martin Engineering acquires dust management company
Martin Engineering acquired TNJ Industries, an Arizona-based firm specializing in dust management for crushing and conveying mined materials. According to a press release, Martin Engineering made the move to strengthen its position in dust control for bulk material handlers. Terms… Keep Reading
Coco Group’s purchase of Russell Group now complete
Coco Group, a Canadian aggregate producer, acquired Russell Redi-Mix Concrete, Langenburg Redi-Mix Ltd., and the Russell Group (RRMC), which provides heavy civil contracting, aggregates production, supply and hauling, excavation grading and site-preparation services. “Our heavy civil construction expertise now spans… Keep Reading
Cemex forming joint venture company with Concrete Supply
Cemex and Concrete Supply Co. entered into an agreement to form a joint venture company, which will be called Concrete Supply Co. LLC. The transaction is expected to close later this year. The joint venture, which will have a production… Keep Reading
Metso sells conveyor belt operations
ContiTech acquired Metso's industrial conveyor belt operations based in Helsinki, Finland. The purchase price was not disclosed. The transaction includes a Finnish production plant, where ContiTech will continue to manufacture conveyor belts for use in quarries and other industries. ContiTech… Keep Reading
ACG Materials acquires pits in Eagle Ford shale region
ACG Materials acquired the assets of Pinnacle Materials LLC’s Eagle Ford Division in south Texas. ACG Materials will now operate five pits – located in Dilley, Pearsall, Eagle Pass and the Three Rivers area – that Pinnacle Materials previously managed. ACG… Keep Reading
McLanahan expanding into India, surrounding markets
McLanahan Corp. formed an overseas joint venture with India-based Nawa Engineers and Consultants Private Ltd., providing intellectual property in an agreement in which Nawa will provide sales, manufacturing and procurement. The joint venture company, McLanahan Nawa Engineers Private Ltd., will… Keep Reading
Vulcan unloads Wisconsin quarries
Vulcan Materials Co. sold its final four quarries in Wisconsin as part of its strategic long-term plan, reports the Birmingham Business Journal. Three quarries – in the cities of Franklin, Dousman and Racine – were sold to Payne & Dolan Inc.… Keep Reading
ContiTech purchases conveyor belt manufacturer
ContiTech Conveyor Belt Group acquired conveyor belt manufacturer Legg Co. Inc., based in Halstead, Kan. The acquisition gives ContiTech its own production facilities in the United States, as well as an established sales network in the U.S. and Canada. Keep Reading
