Commercial Metals Company Acquires Tensar Corporation
December 7, 2021
Commercial Metals Company (CMC) agreed to acquire Tensar Corporation, a global geogrid and foundation improvement solutions provider, from Castle Harlan. The deal is valued at $550 million and was completed in April 2022, expanding CMC’s construction solutions and engineered products platform.
- Buyers
- Commercial Metals Company
- Targets
- Tensar Corporation
- Sellers
- Castle Harlan, Inc.
- Industry
- Industrial Services
- Location
- Georgia, United States
- Transaction Type
- Buyout
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