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Oldcastle Infrastructure™, a CRH Company, completes acquisition of Cook Concrete Products to expand its product offering and presence in Northern California

Nov 08, 2024•8 months ago

Acquiring Company

Oldcastle Infrastructure™ a CRH Company

Acquired Company

Cook Concrete Products

ReddingManufacturing

Description

Oldcastle Infrastructure™, a CRH Company, has strategically acquired Cook Concrete Products, a provider of precast structures primarily used in underground applications in Northern California, Oregon, and Nevada. The acquisition fills a geographic gap, brings manufacturing capability and product breadth, and allows Oldcastle Infrastructure to deliver more value to its customers in the region.

Company Information

Company

Oldcastle Infrastructure™ a CRH Company

About

Oldcastle Infrastructure, a subsidiary of CRH, is a leading provider of building materials, products, and services for infrastructure projects across several North American market sectors. With a focus on expanding its manufacturing capabilities and product offerings, the company has strategically acquired Cook Concrete Products to fill a geographic gap and enhance its service delivery in Northern California.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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