2022-04-25 09:42:09 CMC Commercial Metals
04/25/22 04/2509:42 04/25/2209:42 | Commercial Metals completes $550M acquisition of Tensar CorporationCommercial Metals Company announced that it has successfully completed the acquisition of TAC Acquisition Corp. from Castle Harlan, a New York-based private equity firm, for a cash purchase price of $550M, subject to customary purchase price adjustments. Tensar is a global provider of ground stabilization and soil reinforcement solutions. Rockefeller Financial LLC served as the exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to CMC for this transaction. |
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