Acquiring Company
Commercial Metals
Acquired Company
EDSCO Fasteners
Description
Commercial Metals Company (NYSE: CMC) ("CMC") today announced the purchase of EDSCO Fasteners LLC ("EDSCO"), a leading provider of anchoring solutions for the electrical transmission market, from MiddleGround Capital. EDSCO's custom engineered line of anchor cages, bolts, and fasteners are manufactured principally from rebar and used primarily to secure high voltage electrical transmission poles to concrete foundations. EDSCO serves the North American market from four manufacturing plants located in Texas, Utah, Tennessee, and North Carolina. Since its founding in 1985, the company has grown to become the nation's largest provider of anchor cages for concrete reinforcement and has developed a strong reputation for customer service and reliability.
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Frequently asked
Who acquired EDSCO Fasteners?
EDSCO Fasteners was acquired by Commercial Metals, based in Irving. The deal was reported on July 13, 2023. Commercial Metals Co. is an Irving-based company that offers products and technologies to meet the critical reinforcement needs of the global construction sector. Commercial Metals is publicly traded (CMC) and operates in Manufacturing.
When did Commercial Metals acquire EDSCO Fasteners?
Commercial Metals's acquisition of EDSCO Fasteners was reported on July 13, 2023. Commercial Metals Company (NYSE: CMC) ("CMC") today announced the purchase of EDSCO Fasteners LLC ("EDSCO"), a leading provider of anchoring solutions for the electrical transmission market, from MiddleGround Capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does EDSCO Fasteners do?
EDSCO Fasteners distributes fasteners, screws, bolts, nuts, washers, threaded rod and concrete anchor products, industrial gloves, drill bits and metal studs. It is privately held.
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