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Kraft Energy Fills Void In Besser Portfolio

Besser has acquired Ft. Worth, Texas-based Kraft Energy Systems Inc., whose curing equipment and technology have become fixtures in North American and overseas manufactured-concrete plants

Sources: Besser Co., Alpena, Mich.; CP staff
Besser has acquired Ft. Worth, Texas-based Kraft Energy Systems Inc., whose curing equipment and technology have become fixtures in North American and overseas manufactured-concrete plants. "Adding Kraft's expertise provides our customers, and the entire manufactured-concrete products industry, global access to effective and efficient concrete curing solutions that set the industry standard, affirms Besser President Kevin Curtis.

The transaction completes Besser's continuum of manufactured-concrete equipment offerings, previously limited to green or finished product molding and handling. Kraft Energy equipment addresses increasingly complex curing processes tied to greater use of alternative aggregates and cementitious materials--including glass, fly ash and ground granulated blast furnace slag--in block, paver, pipe and precast. Improved curing technology dovetails with what Besser officials note is greater worldwide demand for quality, variety, just-in-time delivery and enhanced sustainability from manufactured-concrete producers.

Kraft Energy follows two other major transactions through which Besser has extended its presence beyond block machinery and batch plants: Iowa's International Pipe Machinery, Boone and Quinn brands (1998) and Germany's OMAG Machinery (2004).