Granite Construction Acquires Coast Mountain Resources (Operator of Bamberton Quarry)

Granite Construction Acquires Lehman-Roberts Company and Memphis Stone & Gravel

December 5, 2023

Construction

Granite Construction Incorporated (NYSE: GVA) has acquired Lehman-Roberts Company and Memphis Stone & Gravel Company, expanding its materials and paving footprint in the Memphis metropolitan market. The deal adds asphalt plants and sand & gravel mines (with substantial reserves) to Granite’s operations and will be financed with a $150 million term loan plus revolver and cash on hand; the acquired companies’ leadership will remain in place.

Granite Acquires Warren Paving and Papich Construction

August 6, 2025

Construction

Granite Construction (NYSE: GVA) completed acquisitions of Warren Paving and Papich Construction for a combined purchase price of $710 million, adding approximately $425 million of annual revenue and materially increasing its aggregates reserves and production. The deals expand Granite's vertically-integrated home markets—adding a major barge-enabled aggregates network in the Southeast and quarry/roadbuilding capabilities on California's Central Coast—and are expected to be accretive to adjusted EBITDA.

Lafarge Canada Acquires Westridge Quarries

April 27, 2023

Building Products

Lafarge Canada has acquired the operations of Westridge Quarries, adding two quarries and a sand and gravel reserve in the Okanagan Valley to expand its aggregates footprint. The deal brings roughly 70 Westridge employees into Lafarge and supports Lafarge's Strategy 2025 to grow its aggregates business in high-growth markets.

Granite Construction Acquires Dickerson & Bowen, Inc.

August 12, 2024

Construction

Granite Construction Incorporated completed the acquisition of Dickerson & Bowen, Inc., adding three sand and gravel pits and four asphalt plants to its Southeast materials footprint. The bolt-on expands Granite's presence in central and southern Mississippi and builds on its recent Southeast materials platform.

Construction Resources Acquires MVP Granite Countertops and Opustone LLC

May 8, 2025

Building Products

Atlanta-based Construction Resources Company, LLC has acquired two Southeast surface and stone businesses: MVP Granite Countertops (Charleston, SC area) and Opustone LLC (showrooms in Miami, Fort Lauderdale and West Palm Beach, FL). The acquisitions expand Construction Resources' geographic footprint in the southeastern U.S. and add slab fabrication/installation and luxury stone distribution capabilities to its product and service offering.

Fraser Valley Building Supplies Acquires Terrace Builders Centre and Terrace Carpet Centre

March 22, 2021

Building Products

Fraser Valley Building Supplies, a portfolio company of Krystal Growth Partners, has acquired Terrace Builders Centre and Terrace Carpet Centre (Your Décor) in Terrace, British Columbia. The deal increases FVBS's store count to eight in British Columbia, will convert the Terrace Builders Centre to the RONA banner following an interior renovation, and adds planned e-commerce offerings for Terrace residents.