Nashville, TN, June 14, 2021—Smyrna Ready Mix Concrete, LLC, a concrete manufacturer based in Nashville, Tennessee announced today the acquisition of 24 Argos ready-mix concrete plants in Dallas, Texas. Together, the plants employ approximately 400 people. Argos USA is the U.S. affiliate of Grupo Argos, a global materials producer, and energy company based in Medellin, Colombia.
“We are excited about our acquisition of these strategically located plants in Dallas-Fort Worth. Our newly acquired team has incredible experience, and with their help, we look forward to servicing our customers throughout the Metroplex. This acquisition allows us the opportunity to compete in one of the country's largest cities." said Jeff Hollingshead, CEO of SRM Concrete.
After meeting in Dallas with the company’s new employees, SRM Concrete President Mike Hollingshead stated, “We look forward to building relationships with the Argos team and welcoming them into our Smyrna Ready Mix family.”
SRM Concrete also announced this week the acquisitions of Paragon Ready Mix plants in Utica and Waterford, Michigan; Southeast Ready Mix in Savannah, Georgia; and St. Johns River Concrete Company in Palatka, Florida.
SRM Concrete is the largest privately-owned ready-mix concrete manufacturer in the country. Founded in 1999 by Mike and Melissa Hollingshead in Smyrna, Tennessee, the family-owned company owns and operates a network of ready-mix concrete plants and trucks focused on producing and delivering ready-mix concrete as well as providing ancillary services across the commercial and residential construction segments.
SRM Concrete has pursued an active acquisition strategy, having successfully acquired and integrated over 64 companies since 2005, and currently has over 4,000 employees with locations that span across thirteen states including Alabama, Arkansas, Florida, Georgia, Indiana, Kentucky, Michigan, Mississippi, Ohio, South Carolina, Tennessee, Texas, and Virginia. For a list of our complete locations and to learn more about SRM Concrete, please visit smyrnareadymix.com.