Acquiring Company
Commercial Metals
Acquired Company
Tendon Systems
IrvingManufacturingEnergyNatural ResourcesConstructionBuilding MaintenanceDescription
Commercial Metals Company (NYSE: CMC) ("CMC") today announced the acquisition of Tendon Systems, LLC ("Tendon"), a leading provider of post-tensioning, barrier cable, and concrete restoration solutions to the Southeastern United States. Tendon's products and services are used in a variety of construction types, including multi-family residential, parking structures, industrial and high-rise buildings. The company's primary offering, post-tension cable, is used in conjunction with rebar in most applications, providing meaningful commercial synergy opportunities to CMC. Tendon had revenues of approximately $60 million in calendar year 2022.
Quick answer
Commercial Metals is acquiring Tendon Systems, announced March 20, 2023. Commercial Metals is based in Irving, Texas, United States.
- How much did Commercial Metals pay for Tendon Systems?
- The deal value was not disclosed.
- What does Commercial Metals do?
- Commercial Metals Co. is an Irving-based company that offers products and technologies to meet the critical reinforcement needs of the global construction sector.
- Where are Commercial Metals and Tendon Systems based?
- Commercial Metals is based in Irving, Texas, United States.
- Who are the decision-makers at Commercial Metals?
- Fundz holds 5 contacts at Commercial Metals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Natural Resources
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Commercial Metals Company Acquires Geogrid Manufacturing Plant (May 1, 2023)
- Commercial Metals Company Acquires Tennessee Metal Recycling Company (March 3, 2023)
- Acuity Brands To Acquire Ke2 Therm (April 14, 2023)
- Chart Industries Completes The Acquisition Of Howden (March 17, 2023)
- Bernhard Capital-Backed United Utility Services Completes Acquisition Of Bhi Power Delivery (February 13, 2023)
- Pella Corporation Announces Plan To Acquire Lawson Industries Inc. (May 4, 2023)
Who to call at Commercial Metals, and when
When Commercial Metals changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Commercial Metals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Commercial Metals, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Tendon Systems?
Tendon Systems was acquired by Commercial Metals, based in Irving. The deal was reported on March 20, 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 Tendon Systems?
Commercial Metals's acquisition of Tendon Systems was reported on March 20, 2023. Commercial Metals Company (NYSE: CMC) ("CMC") today announced the acquisition of Tendon Systems, LLC ("Tendon"), a leading provider of post-tensioning, barrier cable, and concrete restoration solutions to the Southeastern United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tendon Systems do?
Tendon Systems is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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