Jeff Quackenbush, NORTH BAY BUSINESS JOURNAL
Petaluma-based Shamrock Materials, started six decades ago and one of the largest suppliers of concrete and paving materials to North Bay contractors, has been sold to giant Alabama-based construction-materials company.
With Shamrock, Vulcan Materials (NYSE: VMC) picked up concrete, rock, sand and gravel facilities in Sonoma, Napa and Marin counties, company spokeswoman Atisthan Roach said. That includes ready-mix plants in San Rafael, Petaluma, Santa Rosa, Cloverdale and Napa; building-materials sites in Cotati and San Rafael; and a materials depot on Landing Way along the Petaluma River.
The Shamrock deal, signed March 20, was one of three acquisitions in California and Tennessee that Birmingham, Ala.-based Vulcan closed in the first quarter of this year for $185.1 million, according to Roach and regulatory filings. Further financial details weren’t disclosed.
“This acquisition has provided us a way to get into ready-mix right there in California,” Roach said about Shamrock.
Vulcan is the nation’s largest producer of aggregate rock for construction and California’s largest asphalt supplier. The company also is a major player in supplying ready-mixed concrete in Arizona, Georgia, Maryland, New Mexico, Texas, Virginia, Washington, D.C., and the Bahamas.