Béton Provincial completes acquisition of assets from CRH Canada Group to strengthen its market position
Acquiring Company
Béton Provincial Ltée
Acquired Company
CRH Canada Group
Description
Béton Provincial Ltée, the largest Canadian-owned company in the concrete and cement industry, has concluded a transaction with CRH Canada Group Inc., involving the acquisition of numerous assets in Quebec, Newfoundland and Labrador, and the state of New York. This acquisition consolidates Béton Provincial's position as a leader in the North-eastern American market for concrete and cement and enhances its logistical capacity and the vertical integration of its operations. It will also have a positive impact on the economic landscape of Eastern North America, as it consolidates the leadership of a Canadian company in the supply chain for infrastructure renewal and the construction of resilient structures.