Martin Marietta Bolsters Colorado Aggregates Presence with Albert Frei & Sons Acquisition

Strategic Acquisition Expands Market Reach

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Martin Marietta has acquired Albert Frei & Sons (AFS), a prominent aggregates supplier in Colorado. This acquisition significantly strengthens Martin Marietta’s presence in the Denver metro area, where AFS has a strong reputation and a long history of supplying construction materials.

Ensuring a Smooth Transition for Customers and Employees

The acquisition ensures a seamless transition for AFS’s customers and employees, preserving the company’s legacy while leveraging the resources and expertise of Martin Marietta. AFS has played a vital role in Colorado’s construction industry for over six decades, and their continued presence is a testament to the company’s commitment to the region.

A Construction Materials Powerhouse

Martin Marietta and AFS will combine forces to create a formidable construction materials powerhouse, leveraging Martin Marietta’s industry experience and AFS’s robust quarrying operations. This acquisition aligns with the broader industry trend towards consolidation, indicating potential for further mergers and acquisitions in Colorado.

Benefits for Martin Marietta

  • Expanded Presence: AFS’s established market position provides Martin Marietta with a significant foothold in the growing Denver aggregates market.
  • Enhanced Reputation: AFS’s reliability and customer loyalty will enhance Martin Marietta’s credibility in the region.
  • Synergies: By combining operations, Martin Marietta and AFS can streamline processes and reduce costs, creating greater operational efficiency.

Benefits for AFS

  • Continued Legacy: AFS’s long-standing Colorado heritage will endure under Martin Marietta’s ownership.
  • Increased Growth Potential: As part of a larger organization, AFS will have access to expanded resources and opportunities for growth.
  • Collaboration and Best Practices: The integration of AFS’s team into Martin Marietta will bring valuable knowledge and best practices to the organization.

Did Albert Frei and Sons Sell?

Yes, Albert Frei and Sons was acquired by Martin Marietta Materials on January 16, 2024. The acquisition has allowed AFS to continue serving its customers while leveraging the support and resources of Martin Marietta.

Who owns Albert Frei and Sons?

Martin Marietta Materials is the current owner of Albert Frei and Sons following the acquisition on January 16, 2024. This acquisition aligns with Martin Marietta’s strategic plan to expand its aggregates portfolio and enhance its presence in growing markets.

Key Points:

  • Martin Marietta acquired Albert Frei & Sons, a well-established Colorado construction materials supplier.
  • The acquisition strengthens Martin Marietta’s position in the Denver aggregates market.
  • AFS’s legacy and reputation will continue under Martin Marietta’s ownership.
  • The combined entity creates a construction materials powerhouse with enhanced operations and industry expertise.
  • The acquisition aligns with the industry’s consolidation trend and may lead to further mergers and acquisitions in Colorado.