# Fred Weber sells aggregates and asphalt assets to New Frontier Materials

Fred Weber, Inc. sold its aggregates and asphalt assets to New Frontier Materials. The transaction closed in July 2021. Terms were not disclosed.

- Type: Acquisition
- Announced: 2021-10-01
- Where: St. Louis, Missouri, United States
- Status: completed
- Products: aggregates, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [New Frontier Materials](https://endata.com/companies/56488.md) (acquirer)
- [Fred Weber](https://endata.com/companies/56489.md) (target)

## Sources

- [butcherjoseph.com](https://butcherjoseph.com/blog/business-sale/butcherjoseph-advises-fred-weber-on-the-divestment-of-its-aggregates-and-asphalt-assets), 2021-11-02: "This transaction represents an important step in our years long effort to reposition Fred Weber for sustainable long-term growth."

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