Oldcastle Infrastructure expands with Cook Concrete Products acquisition to enhance service delivery
Nov 08, 2024•8 months ago
Acquiring Company
Oldcastle Infrastructure™ a CRH Company
Acquired Company
Cook Concrete Products
Description
Oldcastle Infrastructure, a subsidiary of CRH, has expanded its manufacturing capabilities and product offerings in Northern California through the strategic acquisition of Cook Concrete Products. This acquisition allows Oldcastle Infrastructure to fill a geographic gap and enhance its service delivery in the region, reinforcing its presence in Northern California, Oregon, and Nevada.
M&A Insights
Based on deal dataIntegration 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