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  6. Knife River Acquires Strata

M&A Deal Summary

Knife River Acquires Strata

On December 20, 2024, Knife River acquired construction company Strata

Acquisition Highlights
  • This is Knife River’s 6th transaction in the Construction sector.
  • This is Knife River’s 7th transaction in the United States.
  • This is Knife River’s 1st transaction in North Dakota.

M&A Deal Summary
Date 2024-12-20
Target Strata
Sector Construction
Buyer(s) Knife River
Deal Type Add-on Acquisition

Target

Strata

Grand Forks , North Dakota, United States
Strata is a construction materials and contracting services provider specializing in asphalt paving and concrete construction. Strata was founded in 1910 and is based in Grand Forks, North Dakota.

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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 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 7 of 7
Sector: Construction M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
State: North Dakota M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2024 M&A 1 of 1
PREVIOUS 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.

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