M&A Deal Summary

Associated Asphalt Acquires SEACO

On June 1, 2012, Associated Asphalt acquired building materials company SEACO

Acquisition Highlights
  • This is Associated Asphalt’s 1st transaction in the Building Materials sector.
  • This is Associated Asphalt’s 1st transaction in the United States.
  • This is Associated Asphalt’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2012-06-01
Target SEACO
Sector Building Materials
Buyer(s) Associated Asphalt
Deal Type Add-on Acquisition

Target

SEACO

Columbia, South Carolina, United States
SEACO, Inc. is a manufacturer and seller of cold mix asphalt emulsions.

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Buyer(S) 1

Buyer

Associated Asphalt

Roanoke, Virginia, United States

Category Company
Founded 1948
Sector Building Materials
DESCRIPTION

Associated Asphalt is a independent liquid asphalt resellers in the United States. Associated Asphalt owns and operates ten terminal and storage facilities throughout the Southeast and Mid-Atlantic. The company sells liquid asphalt primarily to paving contractors for road and highway construction and maintenance. Associated Asphalt was founded in 1948 and is based in Roanoke, Virginia.


DEAL STATS #
Overall 1 of 2
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-09 Axeon Marketing

San Antonio, Texas, United States

Axeon Marketing LLC is a marketer of liquid asphalts and polymer modified asphalts through 13 terminals along the East Coast from Florida to New York.

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