Announced
Completed
Financials
Sources
Tags
construction
Single Bidder
Acquisition
Private
Majority
Domestic
Construction Services
United States
Friendly
Completed
infrastructure
Synopsis
Granite, a diversified construction and construction materials companies in the United States, completed the acquisition of Lehman-Roberts Company, an asphalt contractor, and Memphis Stone & Gravel Company, an infrastructure Company. "We are very excited to complete this acquisition of an outstanding materials-led business that expands our footprint in the Southeast. We believe their business model aligns with our previously disclosed strategy to grow our business by focusing on developing home markets that are served by highly successful companies of scale with great leadership,” Kyle Larkin, Granite President and Chief Executive Officer.
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