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New Deal


Announced

Completed

Granite completed the acquisition of Coast Mountain Resources.

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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Completed

Single Bidder

General Mining

Friendly

Acquisition

Cross Border

Private

Canada

stone quarry

Majority

Synopsis

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Granite, a diversified construction and construction materials company, completed the acquisition of Coast Mountain Resources, a quarry and barge loading facility. Financial terms were not disclosed. “Supporting and strengthening our vertically integrated home markets, which we have done through the acquisition of CMR and the previously announced acquisition of Brunswick Canyon in Nevada, is at the core of our strategic plan. We’re happy to have CMR in our portfolio and we will continue to be opportunistic in future investments to support the growth of our home markets," Kyle Larkin, Granite President and CEO.

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