German ready mixed merger

Thomas Concrete Group has acquired a sand and gravel pit operation in Vierhusen, Schleswig-Holstein, as it continues to grow in Germany and secure the supply of raw material for its production of ready-mixed concrete.

The operation was acquired from Kies- und Schotterwerk Kreuzfeld & Co on 14th August 2019. The existing subsidiary to Thomas Beton in Germany, KGS Kiesgewinnungs Sternberg, has since been renamed ‘Thomas Sand und Kies’ and will incorporate the Vierhusen site.

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Thomas Concrete Group has acquired two concrete plants in northern Germany, Lübeck and Tensfeld, from the family-owned company Fischer Beton. Thomas now has a total of 25 plants in the region, and last week it also acquired several plants in the United States to produce ready-mixed concrete. “We continuously evaluate possibilities for structural improvement and potential acquisitions,” says Hans Karlander, president and CEO of Thomas Concrete Group. “During the last three years the group’s turnover has