Oldcastle Infrastructure Acquires Cook Concrete Products
Oldcastle Infrastructure, a CRH Company, has acquired Cook Concrete Products, a Redding, CA-based provider of precast structures for underground applications in energy, water, and communications markets across Northern California, Oregon, and Nevada. Founded in 1955, Cook Concrete brings strategic manufacturing capabilities and product breadth to Oldcastle Infrastructure's portfolio. The acquisition fills a geographic gap and complements Oldcastle's existing product offering while expanding their presence in the Northern California market.
Oldcastle Infrastructure, una compagnia del gruppo CRH, ha acquisito Cook Concrete Products, un fornitore di strutture prefabbricate per applicazioni sotterranee nei mercati dell'energia, dell'acqua e delle comunicazioni, con sede a Redding, CA, attivo nel Nord della California, in Oregon e in Nevada. Fondata nel 1955, Cook Concrete offre capacità strategiche di produzione e una vasta gamma di prodotti al portafoglio di Oldcastle Infrastructure. L'acquisizione colma un vuoto geografico e completa l'offerta di prodotti esistenti di Oldcastle, ampliando al contempo la loro presenza nel mercato del Nord della California.
Oldcastle Infrastructure, una empresa de CRH, ha adquirido Cook Concrete Products, un proveedor de estructuras prefabricadas para aplicaciones subterráneas en los mercados de energía, agua y comunicaciones con sede en Redding, CA, que opera en el norte de California, Oregón y Nevada. Fundada en 1955, Cook Concrete aporta capacidades estratégicas de fabricación y una amplia gama de productos al portafolio de Oldcastle Infrastructure. La adquisición llena un vacío geográfico y complementa la oferta de productos existente de Oldcastle, mientras expande su presencia en el mercado del norte de California.
Oldcastle Infrastructure는 CRH 회사의 일원으로서 Redding, CA에 본사를 두고 있는 Cook Concrete Products를 인수하였습니다. Cook Concrete는 북부 캘리포니아, 오리건, 네바다의 에너지, 수도 및 통신 시장을 위한 지하 응용 분야의 프리캐스트 구조물 공급업체입니다. 1955년에 설립된 Cook Concrete는 Oldcastle Infrastructure의 포트폴리오에 전략적인 제조 능력과 다양한 제품을 제공합니다. 이번 인수는 지리적 공백을 메우고 Oldcastle의 기존 제품 제공을 보완하며, 북부 캘리포니아 시장에서의 존재감을 확장합니다.
Oldcastle Infrastructure, une entreprise de CRH, a acquis Cook Concrete Products, un fournisseur d'éléments préfabriqués pour des applications souterraines dans les secteurs de l'énergie, de l'eau et des communications basé à Redding, CA, et actif dans le nord de la Californie, l'Oregon et le Nevada. Fondée en 1955, Cook Concrete apporte des capacités de fabrication stratégiques et une large gamme de produits au portefeuille d'Oldcastle Infrastructure. Cette acquisition comble un vide géographique et complète l'offre de produits existante d'Oldcastle tout en élargissant leur présence sur le marché du nord de la Californie.
Oldcastle Infrastructure, ein Unternehmen der CRH-Gruppe, hat Cook Concrete Products übernommen, einen in Redding, CA, ansässigen Anbieter von vorgefertigten Strukturen für unterirdische Anwendungen in den Bereichen Energie, Wasser und Kommunikation in Nordkalifornien, Oregon und Nevada. Gegründet im Jahr 1955, bringt Cook Concrete strategische Produktionskapazitäten und eine breite Produktpalette in das Portfolio von Oldcastle Infrastructure ein. Die Akquisition schließt eine geografische Lücke und ergänzt das bestehende Produktangebot von Oldcastle, während sie deren Präsenz im nordkalifornischen Markt erweitert.
- Strategic expansion into Northern California, Oregon, and Nevada markets
- Acquisition fills geographic manufacturing gap
- Expands product portfolio in energy, water, and communications sectors
- Gains established customer relationships and market presence
- None.
Insights
This strategic acquisition by CRH's subsidiary Oldcastle Infrastructure strengthens their market position in the Western United States. The deal fills a important geographic gap in Northern California and expands their operational footprint into Oregon and Nevada. Cook Concrete's established presence since 1955 brings valuable customer relationships and market expertise in critical infrastructure segments including energy, water and communications.
The acquisition aligns with CRH's vertical integration strategy and should enhance their ability to capture infrastructure spending in these high-growth markets. While financial terms weren't disclosed, the deal's strategic value lies in expanding Oldcastle's manufacturing capabilities and product portfolio in precast concrete structures, particularly for underground applications. This move positions CRH to better capitalize on increased infrastructure investment and utility modernization projects in the region.
The Northern California market represents a significant opportunity due to ongoing infrastructure modernization needs and population growth. The region's focus on upgrading aging water systems, expanding renewable energy infrastructure and improving communications networks creates strong demand for precast concrete products. Cook Concrete's established presence in these sectors provides immediate market access and customer relationships that would have taken years to develop organically.
The timing is particularly strategic given the increased infrastructure spending at federal and state levels. California's commitment to water infrastructure improvements and clean energy transition makes this acquisition well-positioned to capture growing market share in these essential sectors.
"Founded in 1955, Cook Concrete is a trusted partner with a long track record of serving the
"Cook Concrete has extensive market knowledge, established customer relationships, and a solid reputation as a provider of high-quality products and outstanding customer service," stated Matt Clemson, President, West Region Pipe & Precast and Stormwater at Oldcastle Infrastructure. "The addition of Cook Concrete strengthens our solutions offering and better positions us as our customers' strategic partner of choice."
About Oldcastle Infrastructure™
Oldcastle Infrastructure™, A CRH Company, is the leading provider of building materials, products and services for infrastructure projects to several North American market sectors, including: Water, Communications, Energy, and Transportation. For more information, visit www.oldcastleinfrastructure.com.
About CRH
CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing c.78,500 people at c.3,390 operating locations in 28 countries, CRH has market leadership positions in both
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SOURCE Oldcastle Infrastructure
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