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 grown by more than 75%. Now we’ve had the opportunity to expand even further by acquiring plants in Germany and the US which fit our business model very well.”
Thomas Concrete Group has been active in Germany since 1965, and the newly-acquired plants will complement and strengthen its extensive network of production facilities for ready-mixed concrete in Schleswig-Holstein and western Mecklenburg-Vorpommern.
The concrete market is by its nature local. Proximity to customers and construction sites is both a crucial competitive advantage and good news for the environment by ensuring shorter transport distances.
“The Lübeck-Tensfeld region is interesting for our company and we will have a great potential to improve our customer service,” says Karlander, CEO.
“This acquisition is part of the strategy we laid out in 2013 for a stronger and more coherent group with an extensive local presence. The new plants also increase efficiency and synergies in production, distribution and sales. The seller, Fischer Beton, is just like us, a reputable family-owned company that started in 1951 and now continues in the raw materials industry”.
Thomas Concrete Group, founded in 1955, has acquired and built new concrete facilities in Sweden, Germany, Poland and the United States through strategic, long-term growth.
With a total of 152 plants, the group says it is the largest independent supplier of ready-mixed concrete in its operating markets.
In Sweden, the company also has three facilities for producing prefabricated concrete elements; a trading and distribution company to secure and develop the group's long-term supply of raw materials, and a rock quarry in Norway.
“Our goal is to be the best in the industry and we welcome our new German employees to Team Thomas.
“The group's strategy is to grow and provide the best possible service to customers.”
