AcquisitionsApr 29, 2026, 08:46 AM
RMIX Acquires Hope Concrete, LLC, Expands into Texas & Louisiana
AI Summary
Suncrete, Inc. (RMIX) announced the completion of its acquisition of Hope Concrete, LLC, a leading ready-mix company. This strategic move expands Suncrete's operations into North Texas and Southern Louisiana, adding 10 ready-mix plants and 88 mixer trucks to its portfolio. Hope's experienced local management team will continue as equity holders and operational leaders, with Hope intended to serve as Suncrete's platform for future acquisitions in Texas.
Key Highlights
- Suncrete, Inc. (RMIX) acquired Hope Concrete, LLC.
- The acquisition expands Suncrete's geographic footprint into North Texas and Southern Louisiana.
- Hope Concrete operates 10 ready-mix plants.
- Hope Concrete operates 88 mixer trucks.
- Hope's management team, including the Foleys, will remain as continuing equity holders and operational leaders.
- Hope will serve as the Texas platform for Suncrete's future acquisitions.