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Quikrete Completes Acquisition Of Forterra, Inc.

RECENTLY ACQUIREDMar 18, 2022

Acquiring Company

Quikrete Holdings

Acquired Company

Forterra

ClarksburgManufacturingOtherManufacturingDefense & Space

Description

Forterra, Inc. (“Forterra”) (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced that Quikrete Holdings, Inc. (“Quikrete”) completed its acquisition of all outstanding shares of Forterra for $24.00 per share in an all cash transaction, with Forterra becoming a wholly owned subsidiary of Quikrete.

Quick answer

Quikrete Holdings is acquiring Forterra, announced March 18, 2022.

How much did Quikrete Holdings pay for Forterra?
The deal value was not disclosed.
What does Quikrete Holdings do?
Quikrete Holdings, Inc. is a privately owned family business founded in 1940.
Where are Quikrete Holdings and Forterra based?
Forterra is based in Clarksburg, West Virginia, United States.

Source: Fundz verified event record.

Other recent acquisitions in Defense & Space and Manufacturing

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Company Information

Company

Quikrete Holdings

About

Quikrete Holdings, Inc. is a privately owned family business founded in 1940. It is a leading buildings materials company based in Atlanta, Georgia. Quikrete’s portfolio ranges from its iconic Quikrete branded concrete and mortar mixes to precast and steel pedestrian and vehicular bridges. This includes brands such as Quikrete, Spec Mix, QPR, Pavestone, Custom Building Products, Rinker Materials, and Contech Engineered Solutions. The business’ products include packaged cementitious products, pavers, retaining wall systems, masonry units, tile grouts and thin sets, concrete pipe and box culverts, corrugated metal pipe, engineered storm water systems, and structural precast and steel pedestrian and vehicular bridges. Quikrete services the US and Canadian new construction and repair and remodeling residential, commercial, and infrastructure markets.

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Frequently asked

Who acquired Forterra?

Forterra was acquired by Quikrete Holdings. The deal was reported on March 18, 2022. Quikrete Holdings, Inc. is a privately owned family business founded in 1940. It is a leading buildings materials company based in Atlanta, Georgia. Quikrete Holdings is privately held and operates in Manufacturing.

When did Quikrete Holdings acquire Forterra?

Quikrete Holdings's acquisition of Forterra was reported on March 18, 2022. Forterra, Inc. (“Forterra”) (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced that Quikrete Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Forterra do?

Robotic Research Opco, LLC is doing business as Forterra. Forterra is a leading provider of autonomous systems for ground-based movement in the working world. It is privately held, operating in Other, and is based in Clarksburg.

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