M&A Deal Summary

Summit Materials Acquires Razorback Concrete

On January 6, 2017, Summit Materials acquired building materials company Razorback Concrete

Acquisition Highlights
  • This is Summit Materials’ 10th transaction in the Building Materials sector.
  • This is Summit Materials’ 15th transaction in the United States.
  • This is Summit Materials’ 1st transaction in Arizona.

M&A Deal Summary

Date 2017-01-06
Target Razorback Concrete
Sector Building Materials
Buyer(s) Summit Materials
Deal Type Add-on Acquisition

Target

Razorback Concrete

West Memphis, Arizona, United States
Razorback Concrete Co. is a provider of ready-mix concrete in Arkansas.

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Buyer(S) 1

Buyer

Summit Materials

Denver, Colorado, United States

Category Company
Founded 2009
Sector Building Materials
Employees5,300
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 16 of 17
Sector (Building Materials) 10 of 11
Type (Add-on Acquisition) 15 of 15
State (Arizona) 1 of 1
Country (United States) 15 of 16
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 Everist Materials

Silverthorne, Colorado, United States

Everist Materials LLC is a provider of quality aggregate, asphalt and ready mix concrete materials.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Grand Junction Pipe & Supply

Grand Junction, Colorado, United States

GJP supplies irrigation and utility water pipe, valve fittings and accessory items to local utility districts, contractors, golf courses and the agricultural sector on the western slope of Colorado. GJP was part of Summit’s earlier acquisition of an aggregates-based business in Grand Junction, Colorado.

Sell -