Announced
Synopsis
Metromont, a precast concrete manufacturer, agreed to acquire Heldenfels, a company specializing in the manufacture and installation of precast/restressed concrete structures. Financial terms are not disclosed. "The Heldenfels family is known for its legacy of unwavering excellence in Texas, and Fred Heldenfels has built an outstanding organization in Heldenfels Enterprises. Our culture, core values, and business operations are very much aligned, and we at Metromont are excited for the new opportunities this transition will afford both companies. The addition of Heldenfels Enterprises and its associates under the continued leadership of current President/CEO, Chad Petro to the Metromont family will expand our precast capabilities in the Texas market," Rick Pennell, Metromont CEO.
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