Summit Materials Tuesday announced the acquisition of Westroc, Inc., an aggregates and ready-mix concrete company in Utah, as well as the purchase of some aggregates, ready-mix concrete, asphalt and paving assets based in Wichita, Kansas from Lafarge North America, Inc. Summit acquired mineral reserves in excess of 100 million tons through these deals.
Westroc operates two aggregates sites and seven ready-mix concrete plants along the Wasatch Front. The Lafarge, Wichita Assets comprise of two aggregates operations, three ready-mix concrete plants and one asphalt plant located in metro Wichita and the broader southeast Kansas area.
Tom Hill, CEO of Summit, said, "We are delighted to welcome these businesses and their employees to Summit. They expand our footprint in Utah and Kansas and we look forward to continuing to provide the highest quality products and services to our many valued customers."
Summit Materials was formed in 2009 in order to develop a business in the aggregates and heavy-side building materials sector through strategic acquisitions. It was founded by its CEO Tom Hill and a group of investors that include members of its management team, Blackstone Capital Partners V L.P. (BX), and Silverhawk Capital Partners.
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