SOUTHLAKE, TEXAS | December 20, 2024 – The Greystone Group announced today that it advised Superior Ready Mix Concrete, L.P. (“Superior”) on the sale to Vulcan Materials Company (NYSE: VMC), which closed on December 20, 2024.  Superior is a leading building materials company in southern California, with six aggregate operations and 50 years of quality aggregate reserves.   Greystone managed the transaction and acted as exclusive financial advisor to Superior.  

California ranks as the most populous state in the U.S. and the second largest aggregates market.  Superior’s leading aggregate position is integrated with two asphalt plants and thirteen ready mix plants serving San Diego, Riverside and Imperial counties. 

“Superior is one of the finest privately owned materials companies in southern California and we enjoyed working with the Brouwer family on its sale to Vulcan Materials Company” said Tim Oitzman, founder and president of Greystone. “We selected Vulcan as the buyer because of their reputation in the market and the opportunities this transaction creates for our employees,” said Jacob Brouwer, founder and company President.  Richard Brouwer, Vice-President added, “While we have known Greystone for over 25 years, we were grateful to leverage their extensive experience representing sellers in the construction materials industry to identify the right buyer, negotiate the transaction and guide the successful sale of our business.”

About Vulcan Materials Company

Vulcan Materials Company, a member of the S&P 500 Index with headquarters in Birmingham, Alabama, is the nation’s largest supplier of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete.  For additional information about Vulcan, go to www.vulcanmaterials.com.

About Greystone

Greystone is considered a leading M&A advisor to the construction materials industry, having managed over 70 industry transactions.  Our focus on the construction materials industry allows us to provide unique and valuable insight to both our sell-side and buy-side clients.  Since inception in 1996, we have developed unparalleled industry relationships and strong market knowledge which helps our clients achieve optimal results in their M&A transactions.