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BPGC Acquires Aggregate Roll Up from WL Ross

  • BPGC Management has acquired a controlling interest in PB Materials, a producer of construction aggregates and ready-mix concrete, from WL Ross & Co.
  • PB Materials operates 14 mine sites, producing over 20 grades of construction materials and managing nearly 300 million tons of proven aggregate reserves. They also operate 12 ready-mix production sites and a fleet of 120 mixer trucks.
  • BPGC aims to further grow PB Materials' leading position in West Texas and capitalize on the highly attractive market dynamics of the region.
  • Additional financing for the PB Materials acquisition was provided by Fortress Investment Group and Hillcrest Bank.

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