CMC Acquires Concrete Pipe & Precast for $675M
Slice of Construction Team
12/02/2025
Key highlights
- Acquisition price: $675 million
- Strategic growth: Enhances CMC's market position
- Operations: 17 facilities across 7 states
- Future plans: Further acquisitions anticipated
Source: PR Newswire
Notable Quote
“ I am thrilled to welcome CP&P's 700 employees to the CMC team. This acquisition marks an important milestone in our Company's growth strategy. ”
Peter Matt, President and CEO at CMC
Why this matters
This acquisition solidifies CMC's presence in the precast concrete sector, positioning the company to capitalize on rising demand in infrastructure, data centers, and more. It reinforces CMC's strategy of growth through expansion, making it a key player in the construction industry. This development is particularly significant for the construction sector.
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