Aggregate Industries US closes Ennstone acquisition
| November 02, 2011 |
Aggregate Industries US, part of the Holcim Group, on Nov. 1 closed its asset purchase agreement with Ennstone Inc., a vertically integrated construction materials company headquartered in Falmouth, Va.
“The closing of this transaction is a good fit strategically for Aggregate Industries,” Bernard Terver, president and CEO of Aggregate Industries US, said in a press release. “In particular, Aggregate Industries’ Mid-Atlantic business, and will maximize value for our stakeholders – employees, customers, and shareholders alike. In addition, this transaction will enable Aggregate Industries to strengthen its presence in the region.”