M&A Deal Summary

New Enterprise Stone & Lime Acquires Hempt Bros

On April 30, 2021, New Enterprise Stone & Lime acquired building materials company Hempt Bros

Acquisition Highlights
  • This is New Enterprise Stone & Lime’s 2nd transaction in the Building Materials sector.
  • This is New Enterprise Stone & Lime’s 2nd transaction in the United States.
  • This is New Enterprise Stone & Lime’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2021-04-30
Target Hempt Bros
Sector Building Materials
Buyer(s) New Enterprise Stone & Lime
Deal Type Add-on Acquisition

Target

Hempt Bros

Camp Hill, Pennsylvania, United States
Hempt Bros is a provider of construction materials with stone, sand, asphalt, and concrete. Hempt Bros was founded in 1925 and is based in Camp Hill, Pennsylvania.

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Buyer(S) 1

Buyer

New Enterprise Stone & Lime

New Enterprise, Pennsylvania, United States
Category Company
Founded 1924
Sector Building Materials
Employees2,900
DESCRIPTION

New Enterprise Stone & Lime Co., Inc. is a vertically integrated construction materials supplier and highway contractor.

DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-17 Stabler Companies

Harrisburg, Pennsylvania, United States

Stabler Companies, Inc. is a producer of construction materials and highway contractor in Pennsylvania and supplier of construction related safety services throughout the United States.

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