StonePoint Materials has acquired Standard Gravel Company, a regional producer of sand and gravel serving eastern Louisiana and southern Mississippi with four active mine sites.
StonePoint says the deal will expand its subsidiary Southern Aggregates, a sand and gravel producer in Louisiana.
Spencer Green, the great grandson of Standard's founder, will join Southern.
He says: "As a fourth-generation owner, continuing Standard's legacy was critical to my decision to having me and my team join StonePoint. I was impressed with StonePoint's ability to preserve confidentiality throughout the process and look forward to helping StonePoint's continued growth efforts."
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