Jan 11 2011
Metromont Corporation is pleased to announce the acquisition of a majority interest in Royal Concrete Concepts (RCC) in West Palm Beach, Florida.
The transaction will leverage each firm’s market leading technologies to create broader solutions for a growing customer base in the eastern United States and overseas.
Rick Pennell, President and CEO of Metromont states, “The investment in RCC allows us to further diversify our business with additional building systems and grow in other market segments."
"Building on the strength and stability of Metromont, we are poised for additional growth and excited about our path forward,” said Wally Sanger, who will continue in his role as President of Royal Concrete Concepts. Mr. Pennell further explained, “One of the biggest attractions of RCC is their management team, their passion and ability to execute. This partnership will strengthen both companies, we will continue to offer safe, attractive and energy efficient building solutions that combine speed and quality construction with the capacity to endure.”