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M&A Deal Summary

CMC Acquires Concrete Pipe & Precast

On September 18, 2025, CMC acquired energy services and equipment company Concrete Pipe & Precast for 675M USD

Acquisition Highlights
  • This is CMC’s 1st transaction in the Energy Services and Equipment sector.
  • This is CMC’s 2nd largest (disclosed) transaction.
  • This is CMC’s 18th transaction in the United States.
  • This is CMC’s 1st transaction in Virginia.

M&A Deal Summary
Date 2025-09-18
Target Concrete Pipe & Precast
Sector Energy Services and Equipment
Buyer(s) CMC
Deal Type Add-on Acquisition
Deal Value 675M USD

Target

Concrete Pipe & Precast

Ashland, Virginia, United States
Concrete Pipe & Precast is a supplier of precast concrete solutions to the U.S. Mid-Atlantic and South Atlantic regions. The company offers a complete line of standard and highly engineered precast and reinforced concrete pipe solutions to infrastructure, non-residential, and residential construction markets, and is well positioned to benefit from the structural demand tailwinds in its core regions, including data center construction, stormwater management, industrial re-shoring and infrastructure investment. Concrete Pipe & Precast was formed in 2012 and is based in Ashland, Virginia.

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Buyer(S) 1

Buyer

CMC

Irving, Texas, United States
Category Company
Founded 1915
Sector Metals/Mining
Employees13,178
Revenue 7.9B USD (2024)
DESCRIPTION
Entrance to Commercial Metals' corporate headquarters in Irving, Texas.
Entrance to Commercial Metals' corporate headquarters in Irving, Texas.

CMC is a global manufacturer, recycler, marketer and distributor of steel and metal products, related materials and services. CMC was incorporated in 1915 and is based in Irving, Texas.

DEAL STATS #
Overall 20 of 21
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 19 of 20
State: Virginia M&A 1 of 1
Country: United States M&A 18 of 19
Year: 2025 M&A 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 Edsco Fasteners

Denton, Texas, United States

Edsco Fasteners is a manufacturer and distributor of anchor bolt cages for an infrastructure installations. EDSCO’s product offering includes anchor cages, 18J rebar bolts, smooth bar bolts, bolt hardware, plates, and other fabricated products. Edsco Fasteners was founded in 1985 and is based in Denton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-16 Foley

Newnan, Georgia, United States

Foley is a manufacturer of concrete pipe and precast products that offers a range of products, including reinforced concrete pipes, box culverts, precast concrete manholes, stormwater management systems, and utility vaults, thereby supplying critical products to the underground utility and water management industry. Foley was founded in 1981 and is based in Newnan, Georgia.

Buy $1.8B
Mergr

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