Texas Industries (TXI) Finalizes Sale of Package Products Operations
Get Alerts TXI Hot Sheet
Join SI Premium – FREE
Texas Industries, Inc. (NYSE: TXI) today announced the sale of its Texas based packaged products operations to Charlotte, NC-based Bonsal American, a unit of Oldcastle, Inc.
The transaction included five production facilities, stretching from the Dallas-Fort Worth Metroplex to the Houston metro area and extending through Austin and Central Texas.
As a part of the agreement, TXI and Bonsal have entered into a long-term cement supply agreement, and TXI will continue to produce and sell packaged cement and masonry cements in the Texas region. The transaction was finalized on April 16.
The transaction included five production facilities, stretching from the Dallas-Fort Worth Metroplex to the Houston metro area and extending through Austin and Central Texas.
As a part of the agreement, TXI and Bonsal have entered into a long-term cement supply agreement, and TXI will continue to produce and sell packaged cement and masonry cements in the Texas region. The transaction was finalized on April 16.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Texas Industries (TXI) PT Raised to $147 at DZ Bank
- Exclusive-Anglo American does not find BHP $39 billion offer attractive
- Hawaiian Electric weighing sale of American Savings Bank, Bloomberg reports
Create E-mail Alert Related Categories
Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!