Granite completed the acquisition of Warren Paving and Papich Construction for $710m.

Granite, an infrastructure company, completed the acquisition of Warren Paving, an aggregates producer, and Papich Construction, a company specialized in infrastructure projects, including road, rail and highway construction, for $710m. “We are excited to welcome Warren Paving and Papich Construction. Their management teams have strong track records of success, and we look forward to combining our businesses. These acquisitions mark another significant step forward as we continue to grow our industry–leading, vertically-integrated business. With our strong cash generation and robust acquisition pipeline, I expect to continue to grow our home markets through bolt-on transactions and expansion into new markets,” Kyle Larkin, Granite President and CEO.