Bonsal American Announces Acquisition of Pre-Blend Products, Inc.
Tuesday, June 19, 2007
Bonsal American has acquired Pre-Blend Products, Inc., a manufacturer of packaged construction products, based in Fairless Hills, Pa. The products will be added to Bonsal American's ProSpec brand of professionally specified products for concrete construction, restoration & repair, and tile & stone installation.
Pre-Blend's products include flooring underlayments, industrial grouts, stuccos, concrete patching and restoration products and liquid bonding agents. Their product line is sold primarily to commercial distributors and contractors in the Northeast, Pacific Northwest and Southwest. Pre-Blend will continue to operate as a separate entity within Bonsal American.
"We're excited about this acquisition because it positions Bonsal American as manufacturer of premium flooring products," said David Maske, President of Bonsal American. "The combination of Bonsal American's R&D and manufacturing capabilities, along with Pre-Blend's technical expertise and portfolio of flooring products, will raise ProSpec's profile as a national construction products brand aimed at demanding applications specified by architects and engineers."
In addition to products, the deal also adds a solid management team and technical capabilities. Key leaders remaining with Bonsal after the acquisition include Tom Herzer, taking a senior business development role for Construction Products; Paul Henning, handling daily plant operations and assisting with sales; and Pete Trainor, continuing in a senior sales position.
ProSpec provides architects, engineers and commercial construction contractors with the finest in professionally specified concrete construction, restoration & repair products and tile & stone installation products. The ProSpec brand is owned and managed by Bonsal American, Inc.
Bonsal American is one of the largest producers of packaged building material products in the United States, including cement mixes, concrete repair and restoration products and tile setting products. Bonsal American sells Sakrete and ProSpec branded products through a network of distributors and a direct sales force to professional builders, contractors, engineers, architects, municipalities and building materials retailers.
Headquartered in Charlotte, N.C., Bonsal American is a division of Oldcastle APG. The parent company, CRH plc, is based in Ireland and has operations in 28 countries, with 80,000 employees at more than 3,300 locations worldwide.