M&A Deal Summary

U.S. Concrete Acquires Heavy Materials

On October 28, 2015, U.S. Concrete acquired building materials company Heavy Materials

Acquisition Highlights
  • This is U.S. Concrete’s 11th transaction in the Building Materials sector.
  • This is U.S. Concrete’s 13th transaction in the United States.
  • This is U.S. Concrete’s 3rd transaction in Virginia.

M&A Deal Summary
Date 2015-10-28
Target Heavy Materials
Sector Building Materials
Buyer(s) U.S. Concrete
Deal Type Add-on Acquisition

Target

Heavy Materials

St. Croix, Virginia, United States
Heavy Materials LLC is a primary producer of ready-mixed concrete and aggregates in the U.S. Virgin Islands through four ready-mixed concrete batch plants, a fleet of 32 mixer trucks, and two quarries with total aggregates reserves of approximately 40 million tons. Heavy also leases an industrial waterfront property that it utilizes as a marine terminal and sales yard.

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Buyer(S) 1

Buyer

U.S. Concrete

Euless, Texas, United States
Category Company
Founded 1997
Sector Building Materials
Employees2,967
Revenue 1.4B USD (2020)
DESCRIPTION
Entrance to U.S. Concrete's corporate headquarters in Euless, Texas.
Entrance to U.S. Concrete's corporate headquarters in Euless, Texas.

U.S. Concrete produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry. U.S. Concrete holds leading positions in the high-growth metropolitan markets of Dallas/Fort Worth, San Francisco, New York City, Philadelphia, and Washington, D.C., and its materials have been used in some of the most complex and highly specialized construction projects of the last decade. U.S. Concrete was founded in 1997 and is based in Euless, Texas.

DEAL STATS #
Overall 13 of 23
Sector (Building Materials) 11 of 20
Type (Add-on Acquisition) 10 of 20
State (Virginia) 3 of 3
Country (United States) 13 of 22
Year (2015) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-28 Spartan Concrete Products

Christiansted, Virginia, United States

Spartan Concrete Products LLC is a local ready-mixed concrete producer, operating one batch plant and a fleet of 16 mixer trucks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Strickland Bridge

Haskell, Texas, United States

Strickland Bridge, Inc. is a provider of vast technical expertise in concrete mix design optimization.

Buy -
Mergr

Product

Company

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