M&A Deal Summary

Oldcastle Infrastructure Acquires Hancock

On March 15, 2021, Oldcastle Infrastructure acquired building materials company Hancock from Superior Industries

Acquisition Highlights
  • This is Oldcastle Infrastructure’s 2nd transaction in the Building Materials sector.
  • This is Oldcastle Infrastructure’s 4th transaction in the United States.
  • This is Oldcastle Infrastructure’s 2nd transaction in Minnesota.

M&A Deal Summary

Date 2021-03-15
Target Hancock
Sector Building Materials
Buyer(s) Oldcastle Infrastructure
Sellers(s) Superior Industries
Deal Type Divestiture

Target

Hancock

Hancock, Minnesota, United States
Formed in 1917, Hancock serves Minnesota, Iowa, Wisconsin, and the Dakotas with pre-cast concrete products including box culverts, arch, and round pipe, manholes, and landscaping block.

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Buyer(S) 1

Buyer

Oldcastle Infrastructure

Atlanta, Georgia, United States

Category Company
Sector Infrastructure
DESCRIPTION

Oldcastle Infrastructure, Inc. is a provider of precast, storm water, enclosure, and building accessory product based in Atlanta, Georgia.


DEAL STATS #
Overall 5 of 7
Sector: Building Materials M&A 2 of 3
Type: Divestiture M&A Deals 2 of 2
State: Minnesota M&A 2 of 2
Country: United States M&A 4 of 5
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 Oldcastle Infrastructure - Building Services Division

Selkirk, New York, United States

Building Services Division is a manufacturer of precast, hollow-core planks, columns, beams, and wall panels for the U.S. multifamily, commercial, and student housing sectors.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-26 Hydro International

Clevedon, United Kingdom

Hydro International is a provider of products and services related to wastewater treatment. Hydro International was founded in 1980 and is based in Clevedon, United Kingdom.

Buy -

Seller(S) 1

SELLER

Superior Industries

Morris, Minnesota, United States

Category Company
Sector Machinery
DESCRIPTION

Superior Industries engineers and manufactures groundbreaking, bulk material handling equipment and cutting-edge components. From its headquarters in Minnesota, U.S.A., the manufacturer supplies stackers, transfer conveyors, feed systems, washing and classifying systems and shiploading equipment; plus idlers, pulleys and accessories to lower operating costs and increase production. The company manufactures from additional plants in Arizona, Georgia and Nebraska.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-02 GreyStone

Columbus, Nebraska, United States

GreyStone manufactures a full line of washing/screening plants, sand classification tanks and systems, dewatering screws, coarse material washers, log washers, computer control systems, water clarifiers, rotary and vibrating screens, blade mills, dewatering screens, twin jets and cutter heads.

Buy -