# LafargeHolcim acquires Transit Mix Concrete for $27M

LafargeHolcim acquired the assets of Transit Mix Concrete Co., a building materials supplier in Colorado, for $27 million. The acquisition includes ready-mix operations and the Daniels Sand Quarry.

- Type: Acquisition
- Announced: 2019-02-01
- Where: Colorado Springs and Pueblo, Colorado, United States
- Value: $27.0M
- Jobs: 180
- Status: completed
- Products: ready-mix concrete, sand
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (acquirer)
- [Transit Mix Concrete](https://endata.com/companies/37062.md) (target)
- [Continental Materials Corporation](https://endata.com/companies/37103.md) (target)

## Sources

- [pitandquarry.com](https://www.pitandquarry.com/lafargeholcim-acquires-transit-mix-concrete/), 2019-02-01: "They are the largest construction materials producer in the southern Front Range, and this is a great opportunity to expand our business in Colorado."
- [news.europawire.eu](https://news.europawire.eu/lafargeholcim-accelerates-growth-in-the-ready-mix-concrete-and-aggregates-segments-0139871/eu-press-release/2019/02/04/14/53/27/71221/), 2019-02-04: "Transit Mix Concrete Company, based in southern Colorado, is supplier of foundational building materials, including concrete, aggregate, rebar, masonry supplies and tools."
- [constructionbriefing.com](https://www.constructionbriefing.com/news/acquisitions-for-lafargeholcim/1137124.article), 2019-02-27: "In line with our Strategy 2022 – Building for Growth, these acquisitions will generate synergies with LafargeHolcim’s existing operations."

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