# Chaney Enterprises acquires Felton Brothers as first affiliate company

Chaney Enterprises announced it will join forces with Felton Brothers Transit Mix, Inc., a concrete supplier with five locations in Southern Virginia, as its first affiliate company, adding 20 employees.

- Type: Acquisition
- Announced: 2021-07-21
- Where: Southern Virginia (South Boston, Clarksville, South Hill, Brookneal, Lawrenceville), United States
- Jobs: 20
- Status: announced
- Products: ready-mix concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Chaney Enterprises](https://endata.com/companies/51237.md) (acquirer)
- [Felton Brothers Transit Mix](https://endata.com/companies/56610.md) (target)
- [Branscome](https://endata.com/companies/57001.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/chaney-enterprises-announces-first-affiliate-company:-felton-brothers-2021-07-21), 2021-07-21: "Felton Brothers will join Chaney Enterprises as their first affiliate company pending financial close."
- [chaneyenterprises.com](https://www.chaneyenterprises.com/chaney-enterprises-enters-hampton-roads-market-with-branscome-acquisition), 2021-08-10: "We are extremely happy to officially join the Norfolk, Chesapeake, and VA Shore markets."
- [concreteproducts.com](https://concreteproducts.com/index.php/2021/08/13/chaney-enterprises-adds-branscome-ready-mixed-terminal-assets/), 2021-08-13: "We are extremely happy to officially join the Norfolk, Chesapeake, and Virginia Shore markets."

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