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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (4581)	10/6/2017 12:01:06 PM
From: richardred	Read Replies (2) \| Respond to of 7242

U.S. Concrete Acquires Two Bay Area Companies Harbor Ready Mix and A-1 Materials join U.S. family of companies. U.S. Concrete, Inc. (NASDAQ: USCR), Euless, Tx. announced Monday that its wholly owned subsidiary, NorCal Materials, Inc., has acquired the assets of two independently owned and operated ready-mixed concrete operations, Harbor Ready-Mix and A-1 Materials, Inc. The acquisitions include two ready-mixed concrete batch plants and 23 mixer trucks. The acquisitions also include the assets of L.C. Frey Co., Inc., a landscape materials business related to A-1's operations. Hand-out (PRNewsfoto/U.S. Concrete, Inc.) Both ready-mixed concrete operations serve the commercial and residential sectors in the Peninsula and South Bay areas of San Francisco. These favorably located plants give U.S. Concrete increased capacity to serve an expanded customer base in the Northern California market. "These acquisitions are indicative of our team's ability to find and integrate high-quality businesses in attractive markets," said U.S. Concrete President, CEO and Vice Chairman, William J. Sandbrook. "Expanding our market presence and diversifying our customer base in this vibrant and growing market is very exciting. Pent up demand from recent weather delays and a significantly under-supplied residential housing market will allow us to gain immediate traction for long-term success. I am pleased to welcome Harbor and A-1 to the U.S. Concrete family of companies." builderonline.com

To: richardred who wrote (4581)	10/6/2017 12:15:52 PM
From: richardred	Respond to of 7242

Sika wants to step up acquisition drive The company logo of Swiss chemicals group Sika is seen at a plant in Duedingen, Switzerland, June 15, 2017. REUTERS/Denis Balibouse ZURICH (Reuters) - Sika’s ( SIK.S) Chief Executive, Paul Schuler, wants to accelerate the Swiss industrial and construction chemicals maker’s acquisition drive with more and bigger deals in the next 15 months. Schuler, who took the reins in May, said he expected to buy up to six companies by the end of next year, with revenues ranging from 100 million to 500 million Swiss francs. The purchasing spree would be ramped up from Sika’s previous strategy of bolt-on acquisitions of companies with revenues of around 50 million francs. Sika, which makes chemicals used in construction projects like the Gotthard rail tunnel under the Alps, could spend up to 1 billion francs ($1 billion) per year, Schuler told Reuters in an interview, up from the 200 to 300 million francs it has been spending annually. “We would like to be a bit faster, increase the speed of acquisitions,” Schuler said, adding the group had a strong pipeline of acquisitions. Schuler said it was preferable to buy family-owned businesses which had succession issues, and buying them would allow them to increase their profitability by leveraging Sika’s sales, distribution and manufacturing network. “These companies usually have a lower margin, but we can bring efficiencies so after three or four years they are up to our level,” Schuler said. The company wanted to move faster because it did not want to miss opportunities in a very fragmented market, he said, while it had been buoyed by the success of its recent purchases. Automotive chemicals, where Sika makes adhesives for carmakers including Jaguar Land Rover and BMW, was one area of interest, Schuler said. Schuler said he wanted to see an end to the bitter fight between Sika and the founding Burkard family over the clan’s plans to sell their controlling stake to Saint-Gobain ( SGOB.PA). A court ruling is expected later this year. He described the current deal the family has with Saint-Gobain as a “no go” for Sika. “We need a good solution for Sika, for all the employees, and for the Burkards.” A resolution could involve Sika’s two classes of shares being combined into one common class, with one share having one vote, and other privileges being abolished, Schuler said. reuters.com

To: richardred who wrote (4581)	2/14/2018 11:00:48 AM
From: richardred	Read Replies (1) \| Respond to of 7242

RE- Infrastructure building acquisition trend Granite Construction to Acquire Layne Christensen in $565 Million Stock Merger Transaction Positions Granite as a National Leader Across Both Transportation and Water Infrastructure Markets Transaction Equity Value of $376 Million Expected to Generate Annual Cost Synergies of Approximately $20 Million Enterprise Value Multiple of 8.2x 2018 Expected EBITDA1, Including Full Run-Rate of Cost Synergies Expected to be Accretive to Granite's Adjusted EPS and High Single-Digit Accretive to Granite's Adjusted Cash EPS in First Year After Close2 Granite to Host Conference Call and Webcast at 5:30 a.m. PT / 8:30 a.m. ET Today businesswire.com P.S. >Accretive to Granite's Earnings. The transaction is expected to be accretive to Granite's adjusted earnings per share, and high single-digit accretive to Granite's adjusted cash earnings per share in the first year after closing. I expect to see more corporate stock deal acquisitions. Especially if and when money becomes tighter to borrow.