US Concrete acquires Mobile-Crete

US Concrete,  based in Euless, Texas, has acquired through its subsidiary, Redi-Mix, Scofield Construction Services and Mobile-Crete of South Texas.

The two companies trade as  Mobile-Crete. The acquisition includes five volumetric ready-mixed concrete sites and 47 volumetric ready-mixed concrete trucks servicing the Austin, San Antonio, and South Texas markets.

“This acquisition allows Redi-Mix to leverage and diversify the volumetric product line of its recently acquired Custom-Crete division and enhances our competitive footprint in Austin and San Antonio,” says US Concrete in a statement.

“Continuing to strengthen and grow this specialty product line of our core ready-mixed concrete offering in the vibrant and diversified Austin and San Antonio markets is another step forward in accomplishing our strategic growth objectives to continue to advance long-term shareholder value,” said chief executive, William J. Sandbrook.

US Concrete has 119 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities, and 10 producing aggregate sites.

Source

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