M&A Deal Summary

U.S. Concrete Acquires The Wantage Stone

On September 28, 2015, U.S. Concrete acquired real estate company The Wantage Stone

Acquisition Highlights
  • This is U.S. Concrete’s 1st transaction in the Real Estate sector.
  • This is U.S. Concrete’s 11th transaction in the United States.
  • This is U.S. Concrete’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2015-09-28
Target The Wantage Stone
Sector Real Estate
Buyer(s) U.S. Concrete
Deal Type Add-on Acquisition

Target

The Wantage Stone

Hamburg, New Jersey, United States
The Wantage Stone is a site development quarry including an 80 acre land parcel along with mining rights to an additional 77 acres of land. The Wantage reserves will continue to enhance the Company's ability to serve the Northern New Jersey and New York metropolitan markets with a combined 19 million tons of proven and permitted reserves and a further19 million tons of unpermitted, yet available additional reserves.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 11 of 23
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 8 of 20
State (New Jersey) 2 of 2
Country (United States) 11 of 22
Year (2015) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-28 E&A Materials - Select Assets

United States

E&A Materials - Select Assets comprises sand and gravel operations and are located in the United States.

Buy -
FOLLOWING 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 -