M&A Deal Summary

Ergon Asphalt & Emulsions Acquires Strawser Construction - Emulsion Plant

On May 4, 2015, Ergon Asphalt & Emulsions acquired construction company Strawser Construction - Emulsion Plant from Strawser Construction

Acquisition Highlights
  • This is Ergon Asphalt & Emulsions’ 1st transaction in the Construction sector.
  • This is Ergon Asphalt & Emulsions’ 3rd transaction in the United States.
  • This is Ergon Asphalt & Emulsions’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2015-05-04
Target Strawser Construction - Emulsion Plant
Sector Construction
Buyer(s) Ergon Asphalt & Emulsions
Sellers(s) Strawser Construction
Deal Type Divestiture

Target

Strawser Construction - Emulsion Plant

Mount Pleasant, Tennessee, United States
Strawser Construction - Emulsion Plant provides EA&E with an additional 346,000 gallons of capacity and will allow the company to further extend its market presence in Tennessee. Both cationic and anionic emulsions will be produced at the facility.

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Buyer(S) 1

Buyer

Ergon Asphalt & Emulsions

Jackson, Mississippi, United States

Category Company
Sector Building Materials
DESCRIPTION

Ergon Asphalt & Emulsions, Inc. operates as an asphalt and emulsion producer and marketer. The company specializes in the development of superior engineered paving and pavement preservation products.


DEAL STATS #
Overall 3 of 3
Sector (Construction) 1 of 1
Type (Divestiture) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-12 Henkel - Corrosion Engineering Division

Lester, Pennsylvania, United States

Henkel - Corrosion Engineering Division is a provider of sophisticated lining systems. The business has operated for over 70 years, offering a diverse lineup of corrosion protection products and materials.

Buy -

Seller(S) 1

SELLER

Strawser Construction

Columbus, Ohio, United States

Category Company
Sector Construction
DESCRIPTION

Strawser Construction, Inc. is dedicated to providing long-lasting, cost-effective solutions to today's road and highway problems. Through the implementation of a number of technologically advanced asphalt and emulsion products, Strawser Construction, Inc. specializes in providing cost effective turn-key Pavement Preservation solutions to help extend the life of your asphalt and concrete pavements.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1