VantaCore Partners acquired Lafarge North America’s Clemons Aggregates site in Denham Springs, La.
VantaCore Partners acquired Lafarge North Americaís Clemons Aggregates site in Denham Springs, La. The operation has an estimated 7.5 million tons of sand and gravel reserves and sells approximately 550,000 tons annually.
This is VantaCore's fourth purchase, the first since receiving $100 million in equity funding from Trilantic Capital Partners.
ìWe are excited about the acquisition of this business for several reasons," says Colin Oerton, VantaCore CEO. ìFirst, this business has an excellent work force, customer base and sand and gravel reserves; second, this confirms our attractiveness as a buyer of both family-owned private aggregate businesses and non-core assets of public companies; and third, this provides us with additional productive capacity to better serve the Baton Rouge, and Lafayette, Louisiana aggregate markets.î