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Oldcastle Bolts On Texas Concrete Materials, Wheeler Operations

Oldcastle Materials has added to its APAC/Texas platform Austin-based Texas Concrete Materials Ltd., a six-plant ready mixed producer, and sister Wheeler Cos. asphalt businesses covering the capital and San Antonio markets

Sources: CP staff; San Antonio Business Journal

Oldcastle Materials has added to its APAC/Texas platform Austin-based Texas Concrete Materials Ltd., a six-plant ready mixed producer, and sister Wheeler Cos. asphalt businesses covering the capital and San Antonio markets. Consistent with its many deals involving independent operators, the buyer has retained the former principal, Jack Wheeler, at the helm of the acquired businesses. He founded Wheeler Cos. in 1982, greatly expanding its presence in 2007 with the purchase of four ready mixed and four asphalt plants from San Antonio-based Capitol Aggregates.