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Oldcastle APG completes acquisition of Master Block, Inc. to strengthen masonry and fence block production

Aug 13, 2024•over 1 year ago

Acquiring Company

Oldcastle APG

Acquired Company

Oldcastle APG

AtlantaAtlantaConstructionConstruction

Description

Oldcastle APG, a CRH Company, has announced the acquisition of Master Block, Inc., a single site concrete block manufacturer located in El Mirage, Arizona. This strategic acquisition strengthens Oldcastle APG’s masonry and fence block production in the greater Phoenix area, enhancing its plant network and production capabilities to meet growing demand in the attractive growth market.

Company Information

Company

Oldcastle APG

Location

Atlanta, Georgia, United States

About

Oldcastle APG, a CRH company, is a leading provider of outdoor living and building materials, with industry-leading positions in hardscapes, concrete masonry, bagged dry mixes, lawn and garden, and composite decking. Oldcastle APG's brand portfolio includes Belgard hardscapes, Echelon masonry, Sakrete and Amerimix packaged products, as well as MoistureShield composite decking. For more information, visit www.oldcastleapg.com

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed