# Knife River to acquire Strata Corp. for $454M

Knife River Corp. agreed to acquire Strata Corp., a construction materials and contracting services provider in North Dakota and northwest Minnesota, for $454 million. The deal is expected to close in the first half of 2025.

- Type: Acquisition
- Announced: 2024-12-24
- Where: Grand Forks, North Dakota, United States
- Value: $454.0M
- Status: announced
- Products: aggregates, ready-mixed concrete, asphalt, paving services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Strata](https://endata.com/companies/23792.md) (target)
- [Knife River Corp.](https://endata.com/companies/31517.md) (acquirer)

## Sources

- [pitandquarry.com](https://www.pitandquarry.com/knife-river-to-acquire-strata-in-454m-deal/), 2024-12-24: "Knife River Corp. came to terms on an agreement to acquire Strata Corp., a construction materials and contracting services provider in North Dakota and northwest Minnesota."

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