CMC - Mergers and acquisitions

IRVING, Texas, Dec. 15, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC" or the "Company") today announced that it has successfully completed the acquisition of Foley Products Company, LLC ("Foley") for a cash purchase price of $1.84 billion, subject to customary adjustments. Foley is a leading supplier of precast concrete and pipe products to the Southeast region, with additional presence in the Central and Western U.S. The company operates 18 facilities across nine states. Foley offers one of the most comprehensive portfolio of solutions in the industry and its products are critical in drainage, water management, dry utility, and road construction applications across resid

IRVING, Texas, Dec. 1, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced that it has successfully completed the acquisition of Concrete Pipe & Precast, LLC ("CP&P") from Eagle Corporation and ECPP, LLC for a cash purchase price of $675 million, subject to customary adjustments. CP&P is a leading supplier of precast concrete and pipe products to the Mid-Atlantic and South Atlantic regions, selling into seven core states from 17 strategically located facilities. The company offers a complete line of standard and highly engineered precast and reinforced concrete pipe solutions to infrastructure, non-residential, and residential construction markets, and is well

LEXINGTON, Ky., July 17, 2023 (GLOBE NEWSWIRE) -- MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced the sale of its portfolio company EDSCO Fasteners ("EDSCO" or "the Company") to Commercial Metals Company (NYSE:CMC) ("CMC"). EDSCO is a market leading manufacturer of mission-critical anchor bolts, fasteners, and specialty-fabricated anchoring products used in critical infrastructure applications. Headquartered in Denton, Texas, EDSCO is the industry's preferred partner supplying anchoring systems, which are predominantly embedded in concrete

IRVING, Texas, July 13, 2023 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced the purchase of EDSCO Fasteners LLC ("EDSCO"), a leading provider of anchoring solutions for the electrical transmission market, from MiddleGround Capital.  EDSCO's custom engineered line of anchor cages, bolts, and fasteners are manufactured principally from rebar and used primarily to secure high voltage electrical transmission poles to concrete foundations.  EDSCO serves the North American market from four manufacturing plants located in Texas, Utah, Tennessee, and North Carolina.  Since its founding in 1985, the company has grown to become the nation's largest provider of anchor cage

IRVING, Texas, May 1, 2023 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced it has acquired a geosynthetics manufacturing facility from BOSTD – America. The facility, located in Blackwell, Oklahoma, currently produces several product lines for Tensar Geogrid under a contract manufacturing arrangement. This acquisition will not immediately increase Tensar's manufacturing capacity, but provides enhanced flexibility in Tensar's supply chain, as well as the opportunity for low capital cost capacity additions in the future. About Commercial Metals CompanyCommercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provi

IRVING, Texas, March 20, 2023 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced the acquisition of Tendon Systems, LLC ("Tendon"), a leading provider of post-tensioning, barrier cable, and concrete restoration solutions to the Southeastern United States. Tendon's products and services are used in a variety of construction types, including multi-family residential, parking structures, industrial and high-rise buildings. The company's primary offering, post-tension cable, is used in conjunction with rebar in most applications, providing meaningful commercial synergy opportunities to CMC. Tendon had revenues of approximately $60 million in calendar year 2022. "This ac

IRVING, Texas, March 3, 2023 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced it has acquired all the assets of metal recycling company Roane Metals Group LLC ("Roane").  Roane is capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC's long product mills.  The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations. About Commercial Metals CompanyCommercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel

IRVING, Texas, Nov. 15, 2022 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced it completed the acquisition of a Galveston area metals recycling facility and related assets from Kodiak Resources, Inc. and Kodiak Properties, L.L.C. The acquired operation annually processes approximately 55,000 tons of ferrous and non-ferrous materials, with the majority of volumes related to obsolete ferrous scrap grades consumed by CMC's long product mills.  The transaction is expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations. About Commercial Metals CompanyCommercial Metals Company and its subsidiaries manufacture, recycle a

IRVING, Texas, Sept. 15, 2022 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced that as part of its strategic expansion in the Western U.S. it has acquired Advanced Steel Recovery, LLC (ASR), a leading supplier of recycled ferrous metals located in Southern California.  ASR's primary operations include processing and brokering capabilities that efficiently source material for sale into both the domestic and export markets.  ASR handles approximately 300,000 tons of scrap annually across its processing, industrial collection, and brokerage platforms. "The acquisition of ASR is a key strategic step to support CMC's growth in the Western United States," said Barbara S

IRVING, Texas, April 25, 2022 /PRNewswire/ -- Commercial Metals Company (NYSE:CMC) ("CMC") today announced that it has successfully completed the acquisition of TAC Acquisition Corp. ("Tensar") from Castle Harlan, a New York-based private equity firm, for a cash purchase price of $550 million, subject to customary purchase price adjustments. Tensar is a leading global provider of innovative ground stabilization and soil reinforcement solutions, selling into more than 80 national markets through its two major product lines: Tensar® geogrids and Geopier® foundation systems. Geogrids are polymer-based products used for ground stabilization, soil reinforcement, and asphalt optimization in constr