FMI Advises Southern Crushed Concrete in Sale to Martin Marietta
Environmentally focused construction materials company helps Martin Marietta expand sustainability efforts.
FMI Capital Advisors is pleased to announce the acquisition of Southern Crushed Concrete (“SCC”) by Martin Marietta. SCC is a Southeast Texas-based company that helps eliminate waste along with the extra costs associated with transporting quarried rock to construction sites with the use of concrete recycling. FMI Capital Advisors served as the exclusive financial advisor to SCC for this transaction, which closed on July 30, 2021.
As a leading provider of natural resource-based building materials, Martin Marietta is committed to being a responsible steward of the Earth's resources. The acquisition of SCC expands Martin Marietta’s network of reach, allowing the company to supply more of the sustainable resources necessary for building solid foundations for communities.
About Southern Crushed Concrete
Established in 1991, Southern Crushed Concrete (“SCC”) uses practical and inexpensive methods to produce recycled concrete for a variety of construction projects throughout Southeast Texas. SCC’s products help cut construction costs and reduce gasoline usage, traffic congestion and air pollution because its recycling centers use construction waste from the area. For more information, visit scctx.com.
About Martin Marietta
Martin Marietta, an American-based company and a member of the S&P 500 Index, is a leading supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada, the Bahamas and the Caribbean Islands. Dedicated teams at Martin Marietta supply the resources for the roads, sidewalks and foundations on which we live. Learn more at martinmarietta.com.
About FMI Capital Advisors
FMI Capital Advisors has fully dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships.
FMI Capital Advisors’ Construction Materials team specializes in sell-side mergers and acquisitions for the construction materials industry, including crushed stone, sand, gravel, hot mix asphalt, and ready mixed concrete.
For more information, visit FMI Capital Advisors.
FMI Capital Advisors Contact:
George H. Reddin
Managing Director
[email protected]
D 919.785.9286 | M 919.349.1919