Stormwater Opportunity Reinforces Quikrete Deal
On 22 February 2021, Quikrete Holdings announced a US$2.74 billion acquisition of pipe & infrastructure supplier Forterra. This deal—one of three water-focused acquisitions exceeding one billion dollars in the same week—points towards the growing value of stormwater asset management. The all-cash transaction is expected to close in the fourth quarter of 2021.
In this Research Note:
- Transaction details
- Quikrete’s growing position in drainage pipe, structures
- Billion-dollar disasters hammer home the need for stormwater infrastructure solutions
Companies Mentioned
American Cast Iron Pipe // Contech Engineered Solutions // CRH Americas // Custom Building Products // Forterra // Greencore USA // Keystone Hardscapes // Lone Star Funds // McWane // Oldcastle // Pavestone // Premier Building Solutions // QPR // Quikrete Group // Rinker Materials // Spec Mix // Tremron // U.S. PipeMore Research
This Research Note is only available to insight service clients. Interested in becoming a client?
