Maschmeyer Concrete buys 20 Atlanta sites in first move outside Florida
What's the deal? Maschmeyer ConcreteDealroom has a profile for this one. Try Dealroom → has acquired the ready-mix and recycled concrete assets of Ready Mix USADealroom has a profile for this one. Try Dealroom → in the Atlanta area. The deal covers 17 ready-mix and three recycled aggregate locations, plus more than 230 employees. Terms were not disclosed.
The expansion: It is Maschmeyer's first acquisition outside Florida, pushing the company into Georgia. The acquired sites will operate under the Maschmeyer brand, serving contractors, developers, municipalities, and homeowners across the greater Atlanta market.
Why now? "Atlanta is a dynamic and growing market," said chief executive officer Steve Bishop. The move comes nearly four decades after Maschmeyer entered Florida's concrete industry in 1986.
What's the endgame? Maschmeyer, a family-operated business that began as a Detroit homebuilder in 1948, has grown into one of Florida's largest privately held suppliers of ready-mix concrete, concrete block, and building materials. The Georgia deal advances a stated strategic growth plan built on adding people, facilities, and equipment.
The signal: The three recycled aggregate sites deepen Maschmeyer's footprint in sustainable construction materials, a growing focus for the industry. For a regional supplier long confined to one state, the acquisition marks a bet that consolidation and cross-state scale are the path forward.
Read more: aggbusiness.com
Image credit: billjacobus1
