Irving-based Forterra Building Products said Tuesday that it has acquired Sherman-Dixie Concrete Industries, a producer of precast concrete structures.
Terms of the transaction were not disclosed.
Forterra, which manufactures concrete and clay building products, employs more than 5,400 people across 118 facilities in the United States, Canada and the United Kingdom. Nashville-based Sherman-Dixie operates eight facilities in Tennessee, Kentucky, Alabama and Indiana.
The company said the acquisition fits in with its strategic growth plan and expands Forterra’s capacity and capabilities, particularly in the growing Southeast market.
“Sherman-Dixie is a positive and complementary addition to the Forterra team,” said CEO Jeff Bradley. “We are excited about this transaction and remain committed to ensuring continuity and a seamless transition for our customers.”
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