Pennecon concrete division sale seeds Newfoundland’s Newcrete Investments LP
- Published: Monday, 09 June 2014 10:19
- Written by CP Staff
Sources: Banyan Capital Partners, Toronto; CP staff
Backed by private equity operator Banyan Capital, Pennecon Ltd. Chief Executive Officer Larry Puddister has led a management team buyout of the company’s ready mixed, precast and concrete block & paver business—serving markets in the far eastern reaches of North America.