M&A Deal Summary

Forterra Acquires Royal Enterprises America

On February 6, 2017, Forterra acquired machinery company Royal Enterprises America

Acquisition Highlights
  • This is Forterra’s 1st transaction in the Machinery sector.
  • This is Forterra’s 7th transaction in the United States.
  • This is Forterra’s 2nd transaction in Minnesota.

M&A Deal Summary

Date 2017-02-06
Target Royal Enterprises America
Sector Machinery
Buyer(s) Forterra
Deal Type Add-on Acquisition

Target

Royal Enterprises America

Stacy, Minnesota, United States
Royal Enterprises America, Inc. is a manufacturer of water and drainage pipe and products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution and drainage.

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Buyer(S) 1

Buyer

Forterra

Irving, Texas, United States

Category Company
Founded 1899
Sector Building Materials
Employees4,578
Revenue 1.6B USD (2020)
DESCRIPTION

Forterra is a manufacturer of water and drainage pipe and products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution, drainage, and stormwater systems. Forterra was founded in 1899 and is based in Irving, Texas.


DEAL STATS #
Overall 7 of 9
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 7 of 8
State (Minnesota) 2 of 2
Country (United States) 7 of 8
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-14 J&G Concrete Products

Waxahachie, Texas, United States

J&G Concrete Products, Inc. is a manufacturer of pipes. J&G Concrete Products products include Precast Concrete Pipe, Precast Concrete Arch Pipe, and cutting edge Precast Gasketed Box Culverts. J&G Concrete Products was founded in 2003 and is based in Waxahachie, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-28 Bison Manufacturing

Swadlincote, United Kingdom

Bison Manufacturing Ltd. engages in manufacture of precast concrete products makes us ideally placed to meet the needs of today's construction industry. Company manufacture pre-cast concrete products ranging from hollowcore floor units, stairs & landings to structural pre-cast concrete building components.

Buy £20M