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  6. Foley Acquires Coastal Precast of Florida

M&A Deal Summary

Foley Acquires Coastal Precast of Florida

On December 11, 2023, Foley acquired building materials company Coastal Precast of Florida

Acquisition Highlights
  • This is Foley’s 2nd transaction in the Building Materials sector.
  • This is Foley’s 2nd transaction in the United States.
  • This is Foley’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-12-11
Target Coastal Precast of Florida
Sector Building Materials
Buyer(s) Foley
Deal Type Add-on Acquisition

Target

Coastal Precast of Florida

Fort Myers, Florida, United States
Coastal Precast of Florida manufactures and distributes sewer pipe and various precast concrete products, including storm catch basins, headwalls, junction boxes, sanitary lift stations, valve vaults, and manholes. Coastal Precast of Florida is based in Fort Myers, Florida.

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Buyer(S) 1

Buyer

Foley

Newnan, Georgia, United States
Category Company
Founded 1981
Sector Building Materials
DESCRIPTION

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.

DEAL STATS #
Overall 2 of 2
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-03 Pre-Con Products - StormPrism Patents

Simi Valley, California, United States

Pre-Con Products' StormPrism Patents is a manufacturer of concrete pipe and precast products.

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