PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Summit Materials acquires RK Hall Construction

Summit Materials, a building materials company, has concluded the acquisition of RK Hall Construction, Buster Crushed Stone and associated companies, based in Texas.



RK Hall is an aggregates, asphalt production, paving and construction business with operations in northeast Texas, southeast Oklahoma and southwest Arkansas.

RK Hall will become part of Summit’s western platform that was first formed through acquisition of Harper, Kilgore and Altaview companies in Utah. The existing management team, headed by Robert Hall and Mark Buster will remain in place and partner with Summit leadership to run and grow the business.

Tom Hill, chief executive of Summit, says: “The acquisition of RK Hall expands Summit’s reach into the western part of the US and propels us into the attractive Texas market. We are pleased to join forces with Robert Hall and Mark Buster and their entire management team and look forward to working with them as we develop a leading business in the building materials sector.”

Summit Materials was formed in 2009 by Hill and a group of investors that include members of its management team, Blackstone Capital Partners V, Silverhawk Capital Partners and Charles "Chip" Goodyear, former chief executive of BHP Billiton.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured