M&A Deal Summary

Summit Materials Acquires Southwest Ready Mix

On October 9, 2014, Summit Materials acquired building materials company Southwest Ready Mix

Acquisition Highlights
  • This is Summit Materials’ 5th transaction in the Building Materials sector.
  • This is Summit Materials’ 9th transaction in the United States.
  • This is Summit Materials’ 6th transaction in Texas.

M&A Deal Summary

Date 2014-10-09
Target Southwest Ready Mix
Sector Building Materials
Buyer(s) Summit Materials
Deal Type Add-on Acquisition

Target

Southwest Ready Mix

Houston, Texas, United States
Southwest Ready Mix LLC is a ready-mix concrete company in southwest Houston, Texas.

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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 10 of 17
Sector (Building Materials) 5 of 11
Type (Add-on Acquisition) 10 of 15
State (Texas) 6 of 6
Country (United States) 9 of 16
Year (2014) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-09 Colorado County Sand & Gravel

El Campo, Texas, United States

Colorado County Sand & Gravel Co., LLC is a manufacturer of sand and gravel aggregates in west Houston region.

Buy -
FOLLOWING 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