.
MergerLinks Header Logo

New Deal


Announced

Completed

Commercial Metals Company completed the acquisition of Tensar from Castle Harlan for $550m.

Financials

Edit Data
Transaction Value£428m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

civil construction

Single Bidder

United States

Friendly

Domestic

Private

Construction Services

Acquisition

Majority

Completed

Synopsis

Edit

Commercial Metals Company, a steel and metal manufacturer, completed the acquisition of Tensar, a global provider of engineered civil construction solutions, from Castle Harlan, a company that invests in middle-market companies, for $550m. “Tensar will create a powerful platform for incremental growth into complementary engineered products that target CMC’s largest core market, construction, serving end-use markets and customer segments where we have strong and existing relationships,” Barbara R. Smith, CMC Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US