Shearman And Sterling

News February 23, 2021

Quickrete to Acquire Forterra

Shearman & Sterling advised Citi as financial advisor to Forterra, Inc. in its agreement with Quickrete Holdings, Inc. in which Quickrete will acquire Forterra for approximately $2.74 billion. Upon completion of the transaction, Forterra will become a privately held company.

Forterra is a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada. 

Based in Atlanta, Georgia, Quickrete is the largest manufacturer of packaged concrete and cement mixes in the United States and Canada.

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