ACG Materials acquires Florida limestone producer
ACG Materials, an H.I.G. Capital company, acquired North Florida Rock Ltd. (NFR), a limestone producer that operates a quarry in Marianna, Florida, and ships rocks across the Florida Panhandle, Alabama and Georgia.
“We are excited about the strategic expansion of our operations into the Southeastern United States,” says Paul Harrington, CEO of ACG Materials. “NFR not only allows us to grow outside our core Oklahoma, Texas and Pacific Northwest markets, but also significantly expands our customer footprint and portfolio of limestone products within our expertise of mineral processing. NFR has had a long successful history dating back to 1998, and we will be sure to serve as great stewards of the business going forward.”
NFR is the sixth bolt-on acquisition ACG Materials has made since H.I.G. acquired the company at the end of 2012, ACG says.
ACG Materials, headquartered in Norman, Oklahoma, mines, mills, processes and distributes industrial minerals and aggregate to the building products, energy, industrials, infrastructure, agriculture, food and pharmaceutical markets.
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
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