Akin Gump Advises U.S. Concrete in Further Expansion of Operations
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(New York) – U.S. Concrete, Inc., a leading supplier of ready-mixed concrete and aggregates in active construction markets across the country, announced it has acquired the assets of On Time Ready Mix Inc., a ready-mixed concrete producer serving the mid- to high-rise commercial and residential segments primarily in Queens, New York. The strategic acquisition expands and strengthens U.S. Concrete’s market recovery platform currently served by USC-Kings, LLC, allowing it to compete more effectively for non-union projects.
Akin Gump advised U.S. Concrete in the matter, with a team that included corporate counsel John Howell, associate Mathew Rotenberg and Joshua Wright.
This is the latest in a string of deals in which Akin Gump served as legal counsel to U.S. Concrete. In October 2017, the company announced that its wholly owned subsidiary, NorCal Materials, Inc., had acquired the assets of two independently owned and operated ready-mixed concrete operations, Harbor Ready-Mix and A-1 Materials, Inc. The acquisitions included two ready-mixed concrete batch plants and 23 mixer trucks as well as the assets of L.C. Frey Co., Inc., a landscape materials business related to A-1’s operations. Both ready-mixed concrete operations serve the commercial and residential sectors in the Peninsula and South Bay areas of San Francisco.
The Akin Gump team on those deals included corporate partner Iain Wood as well as Mr. Howell and Mr. Rotenberg.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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