# Wells acquires Spancrete to become largest precaster in Midwest

Wells, the largest precaster in the U.S., has acquired Waukesha, Wisconsin-based precaster and machinery manufacturer Spancrete. The acquisition expands Wells' footprint from Canada to New Mexico and Colorado to Indiana, with Spancrete's plants in Valders, Wisconsin; Crystal Lake, Illinois; and Sebring, Florida, and its machinery division in Waukesha remaining in operation.

- Type: Acquisition
- Announced: 2020-12-14
- Where: United States
- Status: completed
- Products: precast concrete solutions, machinery equipment
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Wells](https://endata.com/companies/47329.md) (acquirer)
- [Spancrete](https://endata.com/companies/51869.md) (target)

## Sources

- [wells.build](https://wells.build/company/news/wells-concrete-acquires-spancrete-to-become-largest-precaster-in-midwest/), 2020-12-14: "The acquisition of Spancrete by The Wells Companies is a tremendous milestone for both the seller and the buyer representing the consolidation of two family-owned businesses."

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