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Commercial Metals Company (CMC) has agreed to acquire Concrete Pipe & Precast, LLC (CP&P), a precast concrete solutions supplier in the U.S. Mid-Atlantic and South Atlantic regions, for $675 million cash. The deal is expected to close in 2025.
“The acquisition of CP&P is an exciting step forward as we advance our strategy of delivering value-accretive growth by expanding CMC's commercial portfolio in early-stage construction.”ir.cmc.com
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