SMYRNA, TN – September 5, 2023
SRM Concrete has announced the acquisition of Suburban Materials, a ready-mix concrete supplier located in Glenolden, Pennsylvania.
CEO, Jeff Hollingshead stated, “We are excited to bring the Suburban Materials team onboard here at SRM. We look forward to strengthening our service capabilities in the Philadelphia market with our new team of operators and support staff.”
SRM Concrete entered the Philadelphia market by acquiring USC Atlantic in late 2022. The newly acquired ready-mix plant is positioned near SRM's existing Sharon Hill location.
SRM Concrete is the largest privately owned ready-mix concrete manufacturer in the country. Established in 1999 by Mike and Melissa Hollingshead in Smyrna, Tennessee, the family-owned company owns and operates an expansive network of ready-mix concrete plants, quarries, cement terminals, and other ancillary services.
SRM Concrete has pursued an active acquisition strategy, having successfully acquired and integrated over eighty companies since 2005. SRM employs over 6,800 team members with sites that span 19 states. For a complete list of our locations and to learn more about SRM Concrete, please visit smyrnareadymix.com.
Contacts:
Lora Smith
Lsmith@smyrnareadymix.com
(615) 355-1028