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Announced

Completed

Fabcon completed the acquisition of building services division of Oldcastle Infrastructure.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

hollowcore planks

Completed

columns

precast concrete products

Building Materials: Other

Friendly

United States

Single Bidder

Domestic

beams

Private

Synopsis

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Fabcon Precast, a provider of structural precast wall panels, completed the acquisition of building services division of Oldcastle Infrastructure, a building materials provider. Financial terms were not disclosed. "This acquisition represents our continued investment in the Fabcon business and growth strategy. The addition of the BSD's product line and its strategically located facility will expand our capacity for wall panels and our portfolio, which brings value to our customers," Mike Rafi, Fabcon CEO.

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