Announced
Completed
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.
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