# New Enterprise Stone & Lime acquires Berks Products and EJB Paving for $46.3M

New Enterprise Stone & Lime Co. Inc. acquired the core assets of Berks Products Corp. and EJB Paving & Materials Co. for approximately $46.3 million, including two aggregate plants, two hot mix asphalt plants, four ready mixed concrete plants, and a construction supply center in Berks County, Pennsylvania.

- Type: Acquisition
- Announced: 2017-02-12
- Where: Berks County, Pennsylvania, United States
- Value: $46.3M
- Status: completed
- Products: aggregate, hot mix asphalt, ready mixed concrete, construction supplies
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [New Enterprise Stone & Lime Co. Inc.](https://endata.com/companies/22143.md) (acquirer)
- [Berks Products Corp.](https://endata.com/companies/22144.md) (target)
- [EJB Paving & Materials Co.](https://endata.com/companies/22145.md) (target)

## Sources

- [rockproducts.com](https://rockproducts.com/2017/02/12/new-enterprise-stone-lime-completes-strategic-acquisitions/), 2017-02-12: "Together with our $46.5 million of debt reduction in the previous two quarters, the Berks County acquisitions demonstrate the viability of our profit enhancement plan initiated five years ago."
- [wfmz.com](https://www.wfmz.com/news/area/berks/company-acquires-berks-products-ejb-paving-materials/article_08b782bc-0202-5cd2-bdef-0fd725c1df31.html), 2017-02-14: "Bedford County-based New Enterprise Stone & Lime Co. (NESL) announced Tuesday that it has bought Berks Products Corporation... and EJB Paving & Materials Co."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.