FMI Announces Sale of Folsom Ready Mix to Farmer Companies

FMI Capital Advisors is pleased to announce the sale of Folsom Ready Mix, Inc. (FRM) to Farmer Companies, one of the largest construction materials producers throughout the Midwest. FMI Capital Advisors served as the exclusive sell-side financial advisor for the transaction.

Founded in 1999, FRM is a leading ready-mixed concrete producer in northern California, operating three locations throughout the Sacramento and Anderson markets. The platform represents a new regional expansion for Farmer Companies.

Farmer Companies stated, “We have the upmost respect for the Folsom Ready Mix Operation and are excited to have them become a part of our team. We will continue to operate as Folsom Ready Mix, Inc. We are fortunate to have the executive management team and all personnel remaining with the company. Specifically, Derek Miller, VP of sales & finance, and Josh Neff, VP of operations, will continue with the company long term. The entire Folsom Ready Mix team continues to provide you with quality concrete and the superior service you deserve.”

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. Our Construction Materials team has a combined 35 plus years of experience and has completed more than 100 transactions in the sector.

For more information, visit fmicapitaladvisors.com.

FMI Capital Advisors Contact:
Rob Mineo
Managing Director
919.539.6861
[email protected]