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Announced

Completed

FalconPoint Partners-backed Jennmar completed the acquisition of Weber Mining & Tunnelling.

Synopsis

FalconPoint Partners-backed Jennmar, a provider of infrastructure products and specialized services to the civil, solar, mining, and construction industries, completed the acquisition of Weber Mining & Tunnelling, a company focused on resin injection solutions for ground consolidation. Financial terms were not disclosed. "At Jennmar, we have had the privilege of knowing Frank Weber and watching the remarkable growth of the Weber business for over two decades, and I'm proud to welcome him and the talented team at Weber to the Jennmar family. We are excited to leverage Weber's global footprint and product expertise to grow our chemical and steel business in Europe and the Asia-Pacific region, while continuing to augment our best-in-class product and service offerings," Tony Calandra, Jennmar CEO.

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