M&A Deal Summary

Knife River Acquires Mt. Hood Rock

On April 1, 2021, Knife River acquired building materials company Mt. Hood Rock

Acquisition Highlights
  • This is Knife River’s 1st transaction in the Building Materials sector.
  • This is Knife River’s 4th transaction in the United States.
  • This is Knife River’s 2nd transaction in Oregon.

M&A Deal Summary

Date 2021-04-01
Target Mt. Hood Rock
Sector Building Materials
Buyer(s) Knife River
Deal Type Add-on Acquisition

Target

Mt. Hood Rock

Brightwood, Oregon, United States
Mt. Hood Rock is a provider of aggregate, gravel, road pack, pit run, asphalt, boulders, and other rock and aggregate based materials. Mt. Hood Rock was founded in 1988 and is based in Brightwood, Oregon.

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Buyer(S) 1

Buyer

Knife River

Bismarck, North Dakota, United States

Category Company
Founded 1917
Sector Building Materials
Revenue 2.9B USD (2024)
DESCRIPTION
Knife River's corporate headquarters located in Bismarck, North Dakota.
Knife River's corporate headquarters located in Bismarck, North Dakota.

Knife River Corporation mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mix concrete, asphalt and other value-added products. It also distributes cement and asphalt oil. It performs integrated contracting services. Knife River Corporation is based in Bismarck, North Dakota.


DEAL STATS #
Overall 4 of 7
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 7
State: Oregon M&A 2 of 4
Country: United States M&A 4 of 7
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-16 McMurry Ready-Mix Co.

Casper, Wyoming, United States

McMurry Ready-Mix Co. is the largest aggregate and ready-mix producers with multiple locations throughout the state. McMurry has a large fleet of various construction equipment and trucks able to handle almost any size project.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Baker Rock Resources

Beaverton, Oregon, United States

Baker Rock Resources is an asphalt paving and construction company. Baker Rock Resources was founded in 1956 and is based in Beaverton, Oregon.

Buy -