Local News
Live
Upvote
0
Downvote
Share
Save
Report
GRANDVILLE — Kerkstra Precast Inc., a producer of precast and prestressed concrete products in Michigan, has new owners.
Founded in 1962 and headquartered in Grandville, Kerkstra Precast announced Wednesday that it had been acquired by private equity-backed Fabcon Precast LLC, based in Minneapolis, Minn.Kerkstra serves the industrial, commercial, residential and infrastructure markets throughout the Midwest.
In addition to a Grandville location, Kerkstra also maintains a location just outside of Detroit.
“This transaction is an excellent opportunity for Kerkstra and its employees to align with Fabcon,” Kerkstra said in a statement.
Despite the private equity ownership, Fabcon was previously family-owned before that and shares many similarities with the family-owned Kerkstra Precast, Bohnet said.
Published On: Thu, 01 Apr 2021 19:27:00 GMT
Not Available