Dive Summary:
- Canada's Expocrete Concrete Products Ltd. was purchased by Oldcastle Architectural, the largest supplier of masonry and hardscape products in North America.
- Expocrete produces a variety of concrete hardscape, masonry and precast products and operates seven manufacturing facilities across Canada; the deal is expected to expand Oldcastle's presence in western Canada.
- Expocrete's current president, David Johnson, will continue to lead the Edmonton-based company.
From the article:
... “In addition to closing an important gap in our geographic footprint, Expocrete will serve as a platform for future growth in Western Canada,” said Tim Ortman, president of masonry and hardscapes for Oldcastle Architectural. “The combination of capabilities between Expocrete and Oldcastle will provide significant opportunities for our collective business, customers and employees.” ...