Announced

Completed

Suncrete completed the acquisition of Schwarz Ready Mix.

Synopsis

Suncrete, a ready-mix concrete logistics and distribution platform operating in a critical junction of the construction value chain, completed the acquisition of Schwarz Ready Mix, a company that provides ready-mixed concrete to residential and commercial clients. Financial terms were not disclosed. "Today's acquisition significantly expands our operations in the fast-growing Oklahoma City metro area while strategically growing our geographic footprint in the state. With today's transaction, we immediately gain 20 ready-mix plants and more than 100 mixer trucks. We are pleased to welcome more than 200 Schwarz employees to Suncrete. The strong Schwarz reputation represents more than 75 years of service in Oklahoma City, and we greatly value their capabilities and local relationships with a customer-first focus in a dynamic and growing market," Randall Edgar, Suncrete Chief Executive Officer.

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MergerLinks - Suncrete completed the acquisition of Schwarz Ready Mix.