US Concrete Inc has completed the purchase of Alberta Investments Inc and Alliance Haulers Inc for $165m.
Alberta Investments operates Redi-Mix LP, which runs 13 concrete plants in the Dallas market, and Ingram Enterprises, which operates 17 concrete plants and three sand and gravel plants in West Texas. Together, the two businesses operate a fleet of 310 mixer trucks and produced about 2.4 million cubic yards of ready-mixed concrete last year.
Alliance Haulers provides cement and aggregates hauling services and operates a 260-truck fleet. Alberta and Alliance generated about $181m in revenue over the 12 months ended March 31.