Béton Provincial, the largest Canadian-owned company in the concrete and cement industry, closed on a major asset transaction with CRH Canada, netting numerous assets in Quebec, Newfoundland and Labrador, Canada, and the state of New York.
These assets include the Ash Grove Cement plant in Joliette, Quebec, plus six cement terminals (three in Newfoundland and Labrador, two in the Greater Montreal, and one in Solvay, N.Y.); nine Demix Béton ready mixed plants; and two Demix Agrégats quarries.
All cement activities will be operated under the name Ciment St-Laurent/St. Lawrence Cement, reviving a historically recognized brand in Quebec and eastern North America.
“This significant milestone highlights the journey undertaken by Béton Provincial since its foundation in Matane (Québec) in 1960. We are very proud to see that a 100% Canadian-owned company is now making its mark alongside the major multinational players in its industry. This accomplishment would not have been possible without the trust and continuous support of our partners, clients, and employees, who demonstrate our common commitment to excellence, innovation and sustainability,” said André Bélanger, president of Béton Provincial.
By strengthening the vertical integration of its operations, Béton Provincial is diversifying its product offerings and gaining better control over its supply chain, for the benefit of its customers.
