M&A Deal Summary

CEMATRIX Acquires Pacific International Grout

On September 9, 2019, CEMATRIX acquired building materials company Pacific International Grout

Acquisition Highlights
  • This is CEMATRIX’s 1st transaction in the Building Materials sector.
  • This is CEMATRIX’s 1st transaction in the United States.
  • This is CEMATRIX’s 1st transaction in Washington.

M&A Deal Summary

Date 2019-09-09
Target Pacific International Grout
Sector Building Materials
Buyer(s) CEMATRIX
Deal Type Add-on Acquisition

Target

Pacific International Grout

Bellingham, Washington, United States
Pacific International Grout Co. is a specialist for providing low-density cellular concrete services. Pacific International Grout Company is a heavy highway and tunnel specialty contractor and has placed record amounts of cellular foam concrete, including over 1,104,000 lineal feet of large diameter tunnel backfill and 741,026 lineal feet of small diameter pipe, in casing backfill.

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Buyer(S) 1

Buyer

CEMATRIX

Calgary, Alberta, Canada

Category Company
Founded 1998
Sector Building Materials
Employees53
Revenue 23M CAD (2021)
DESCRIPTION

CEMATRIX supplies and installs high quality lightweight cellular concrete across North America. Cellular concrete has many applications including lightweight backfill, insulation, grouting, and flowable fill. CEMATRIX has successfully produced hundreds of thousands of cubic meters of cellular concrete in locations across North America, ranging from Alaska to Louisiana and Vancouver Island to Nova Scotia. CEMATRIX was founded in 1998 and is headquartered in Calgary, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1