M&A Deal Summary

Summit Materials Acquires Le Grand Johnson Construction

On August 24, 2015, Summit Materials acquired building materials company Le Grand Johnson Construction

Acquisition Highlights
  • This is Summit Materials’ 6th transaction in the Building Materials sector.
  • This is Summit Materials’ 11th transaction in the United States.
  • This is Summit Materials’ 2nd transaction in Utah.

M&A Deal Summary

Date 2015-08-24
Target Le Grand Johnson Construction
Sector Building Materials
Buyer(s) Summit Materials
Deal Type Add-on Acquisition
Advisor(s) D.A. Davidson (Financial)

Target

Le Grand Johnson Construction

Logan, Utah, United States
Le Grand Johnson Construction Co. is a provider of vertically integrated construction materials.

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Buyer(S) 1

Buyer

Summit Materials

Denver, Colorado, United States

Category Company
Founded 2009
Sector Building Materials
Revenue 2.6B USD (2023)
DESCRIPTION

Summit Materials is a vertically integrated materials-based company that supplies aggregates, cement, ready-mix concrete and asphalt in the United States and British Columbia, Canada. Summit is a geographically diverse, materials-based business of scale that offers customers a single-source provider of construction materials and related downstream products in the public infrastructure, residential and non-residential end markets. Summit Materials was founded in 2009 and is based in Denver, Colorado.


DEAL STATS #
Overall 12 of 17
Sector (Building Materials) 6 of 11
Type (Add-on Acquisition) 11 of 15
State (Utah) 2 of 2
Country (United States) 11 of 16
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-20 Lafarge North America - Davenport

United States

Lafarge North America - Davenport is a provider of cement distribution services.

Buy $450M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-23 Boxley Materials

Blue Ridge, Virginia, United States

Boxley Materials Co. is a vertically integrated construction materials company.

Buy -