Forterra Acquires Royal Enterprises America
Forterra, Inc., a leading manufacturer of water infrastructure pipe and products in the United States and Eastern Canada, has acquired the business of Royal Enterprises America, a manufacturer of concrete drainage pipe, precast concrete products, stormwater treatment technologies and erosion control products. Terms of the transaction were not disclosed.
“We expect Royal will further accelerate Forterra’s growth in the drainage and stormwater management markets and strengthen our position in the growing Minneapolis region, providing additional opportunities to drive value for our shareholders,” said Jeff Bradley, CEO of Forterra. “Together with Royal, customers will benefit from an expanded suite of end-to-end water infrastructure products and access to technical expertise that will assist in creating tailored solutions. We’re pleased to welcome Royal to the Forterra family and, given our shared commitment to quality and strong customer service and relationships, we expect a seamless integration.”
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