M&A Deal Summary

Summit Materials Acquires Sierra Ready Mix

On May 4, 2016, Summit Materials acquired building materials company Sierra Ready Mix

Acquisition Highlights
  • This is Summit Materials’ 8th transaction in the Building Materials sector.
  • This is Summit Materials’ 13th transaction in the United States.
  • This is Summit Materials’ 1st transaction in Nevada.

M&A Deal Summary

Date 2016-05-04
Target Sierra Ready Mix
Sector Building Materials
Buyer(s) Summit Materials
Deal Type Add-on Acquisition

Target

Sierra Ready Mix

Las Vegas, Nevada, United States
Sierra Ready Mix LLC is a concrete supplier, that provides quality ready mix products and personal services.

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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 14 of 17
Sector (Building Materials) 8 of 11
Type (Add-on Acquisition) 13 of 15
State (Nevada) 1 of 1
Country (United States) 13 of 16
Year (2016) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 Razorback Concrete

West Memphis, Arizona, United States

Razorback Concrete Co. is a provider of ready-mix concrete in Arkansas.

Buy -