SMYRNA, TN – April 1st, 2022
SRM Concrete completed a transaction with Argos USA which includes 18 ready-mix concrete plants in North Carolina and five in Florida.
CEO, Jeff Hollingshead stated, “We are excited to announce the acquisition of Argos in parts of North Carolina and Florida. We have now completed four transactions with Argos over the last several years, and we have found their teams to be best-in-class. We look forward to adding these locations to our existing plant network and strengthening our leading market positions in these growing markets.”
The new locations in North Carolina cover several new markets for SRM along the coast in Greenville, Morehead City, and Wilmington. Additionally, the five new plants in a 40-mile radius around Fort Myers, Florida will serve to solidify SRM Concrete’s service capabilities in that market.
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 focuses on providing building material services across the commercial and residential construction segments.
SRM Concrete has pursued an active acquisition strategy, having successfully acquired and integrated over seventy companies since 2005. SRM currently has over five thousand team members with locations that span sixteen states. For a complete list of our locations and to learn more about SRM Concrete, please visit smyrnareadymix.com.