M&A Deal Summary

MDU Resources Group Acquires Teevin & Fischer Quarry

On April 23, 2018, MDU Resources Group acquired building materials company Teevin & Fischer Quarry

Acquisition Highlights
  • This is MDU Resources Group’s 2nd transaction in the Building Materials sector.
  • This is MDU Resources Group’s 2nd transaction in the United States.
  • This is MDU Resources Group’s 2nd transaction in Oregon.

M&A Deal Summary

Date 2018-04-23
Target Teevin & Fischer Quarry
Sector Building Materials
Buyer(s) MDU Resources Group
Deal Type Add-on Acquisition

Target

Teevin & Fischer Quarry

Seaside, Oregon, United States
Teevin & Fischer Quarry LLC is a producer of gravel and rocks. Teevin & Fischer Quarry was founded in 2006 and is based in Seaside, Oregon.

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Buyer(S) 1

Buyer

MDU Resources Group

Bismarck, North Dakota, United States

Category Company
Founded 1924
Sector Utilities
Employees12,826
Revenue 4.7B USD (2023)
DESCRIPTION

MDU Resources Group provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, including regulated utilities and pipelines, exploration and production, and construction materials and services. MDU Resources Group was founded in 1924 and is based in Bismarck, North Dakota.


DEAL STATS #
Overall 2 of 8
Sector (Building Materials) 2 of 6
Type (Add-on Acquisition) 2 of 7
State (Oregon) 2 of 3
Country (United States) 2 of 7
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 Sun Valley Electric Supply

Las Vegas, Nevada, United States

Sun Valley Electric Supply is a electrical wholesale suppliers involved in distributing electrical solutions to commercial, industrial, and residential sectors. Sun Valley Electric Supply is based in Las Vegas, Nevada.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 Tri-City Paving

Waterloo, Ontario, Canada

Tri-City Paving, Inc. is a general contractor and aggregate, asphalt and ready-mix concrete supplier headquartered in Little Falls, Minnesota.

Buy -