US: Mexico-based GCC has completed the acquisition of three companies operating in the ready-mix concrete, aggregates and asphalt segments in El Paso, Texas, Reuters has reported. The group says that the acquisitions will incorporate a platform with US$30m in annual sales. Financial details of the deals remain undisclosed.

GCC said "The transaction includes aggregates reserves with an estimated useful life of around 50 years, which supports long-term supply in that market. The transaction expects to generate operational synergies and contribute positively to its cash flow generation starting in 2026."

Trinidad & Tobago: Trinidad Cement has announced the permanent closure of its ready-mix concrete subsidiary Readymix (West Indies). Operations are due to cease on 31 March 2026.

Trinidad & Tobago Joint Consultative Council for the Construction Industry
President Fazir Khan told the Trinidad Express newspaper that the shutdown may be a ‘portfolio optimisation’ move in response to ‘crowded and highly competitive’ conditions in the local ready-mix concrete market.

US: Investment firm CQL Capital has acquired Pennsylvania-based Erie Strayer, a producer of concrete batching plants and equipment for ready-mix and paving contractors. Private Equity Professional News has reported that Brookside Capital Partners, Everside Capital Partners, Star Mountain Capital, Tecum Capital and UMB Private Investments also co-invested.

Erie Strayer's products include the Heavy-Duty Tilt Drum Mixer and the Liberty Series Concrete Batching Control System. The producer also supplies replacement parts and on-site servicing.

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