M&A Deal Summary

Wells Concrete Products Acquires Gate Precast

On July 16, 2024, Wells Concrete Products acquired building materials company Gate Precast

Acquisition Highlights
  • This is Wells Concrete Products’ 2nd transaction in the Building Materials sector.
  • This is Wells Concrete Products’ 2nd transaction in the United States.
  • This is Wells Concrete Products’ 1st transaction in Florida.

M&A Deal Summary
Date 2024-07-16
Target Gate Precast
Sector Building Materials
Buyer(s) Wells Concrete Products
Deal Type Add-on Acquisition

Target

Gate Precast

Jacksonville, Florida, United States
Gate Precast operates eight manufacturing facilities with the most diverse product lines of prefabricated concrete systems for structures. The company engages with academia, design-assist partners, and others in the construction industry to research and develop innovative prefabricated products and finishes for the built environment. Gate Precast is based in Jacksonville, Florida.

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Buyer(S) 1

Buyer

Wells Concrete Products

Wells, Maine, United States
Category Company
Founded 1951
Sector Building Materials
DESCRIPTION

Wells Concrete Products, Inc. is a provider of concrete products for architects, building owners, developers, and contractors in the Upper Midwest.

DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Hanson Structural Precast

Irwindale, California, United States

Hanson Structural Precast, Inc. is a manufacturer and supplier of structural and architectural precast components.

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