Acquisition of Tarrant Concrete – a leading provider of ready-mixed concrete in the Dallas/Fort Worth area
LafargeHolcim have acquired Tarrant Concrete, one of the leading providers of ready-mixed concrete in the Dallas/Fort Worth area of Texas, for an undisclosed sum.
LafargeHolcim say the transaction will strengthen their existing operations in one of the most attractive and biggest ready-mixed concrete and aggregates markets in the US.
Jan Jenisch, chief executive officer of LafargeHolcim, said: ‘The acquisition of Tarrant Concrete follows our Strategy 2022 – ‘Building for Growth’ by capturing growth opportunities in our most attractive markets.
‘By being highly complementary to our existing business, Tarrant Concrete will allow us to expand our ability to serve customers in a high-growth area of Texas. I very much welcome all employees of Tarrant Concrete to our company.’
Tarrant Concrete operate three ready-mixed concrete plants, supplying high-quality solutions to major construction projects. With net sales of more than US$40 million and 90 employees, Tarrant are one of the leading local ready-mixed concrete companies.
Over the past decade, the Dallas/Fort Worth metropolitan area has been one of the fastest-growing regions in the US with average annual population growth of 2% and 1.3 million new residents.