Announced
Completed
Financials
Tags
Friendly
Domestic
Completed
Single Bidder
Private
construction services
United States
Construction Services
Acquisition
Majority
Synopsis
Commercial Metals Company, a steel and metal manufacturer, completed the acquisition of Tendon Systems, a concrete construction company that provides barrier cables, post-tensioning systems, engineered services and concrete restoration. Financial terms were not disclosed. "This acquisition further advances our leadership position in construction reinforcement, complements our existing position in post-tensioning cable, and provides CMC with additional capabilities to serve our customers. Tendon adds valuable expertise, innovative products, and a trusted reputation to the CMC portfolio," Barbara R. Smith, Chairman of the Board, President, and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.