FMI advises Palmer Paving in Sale to Peckham Industries

FMI Capital Investors has served as the exclusive financial advisor for the sale of Palmer Paving to Peckham Industries, a provider of aggregates and ready-mix services for road construction. The deal is expected to expand Peckham Industries’ footprint in Western Massachusetts and Northern Connecticut.

Palmer Paving is highway road construction, hot mix asphalt and construction materials company. The firm’s operations, business management team and employees will remain intact through the transaction. In addition, the company will remain nationally recognised for heavy highway road construction in western Massachusetts.

Janet Callahan, Palmer Paving’s president, says: “We know that the Peckham group will enhance our business operations and provide great opportunities for our team here at Palmer.”

David Callahan, Palmer Paving CEO, says: “Both companies are committed to empower our employees to continuously experiment, innovate and improve our operational efficiency and safety.”

Peckham Industries also provides hot and warm asphalt, liquid asphalt, asphalt emulsion, liquid calcium chloride and precast concrete components.

The details of the stock purchase agreement are not publicly available.

Source

(Visited 254 times, 2 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.