Quikrete Holdings, Inc. has successfully acquired Bell Concrete LLC, enhancing its operational capabilities and market presence in Northeast Texas.
Target Company Overview
Bell Concrete LLC, founded in 1946, is the largest locally owned ready-mix concrete supplier in Northeast Texas. The company operates six ready-mix plants across strategically located sites in Greenville, Sulphur Springs, Mt. Pleasant, Blue Ridge, and Gunter. With a dedicated workforce of 159 employees, all of whom are non-union, Bell Concrete maintains a fleet of 80 ready-mix trucks with an average age of just 3.2 years. This enables the company to deliver prompt and reliable service to its customers in the region.
The successful sale of Bell Concrete to Quikrete Holdings, Inc. marks a significant transition for the company, which has been recognized as one of the best-run ready-mix firms in North Texas. Greystone Group served as the exclusive financial advisor for this transaction, highlighting the expertise involved in the sale process.
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Industry Overview
The ready-mix concrete industry in Northeast Texas is characterized by a growing demand for construction materials, driven by a robust region-wide economic expansion. Numerous infrastructure projects and residential developme
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