COMMERCIAL METALS Co (CMC): M&A transaction — CMC closes $1.84B acquisition of Foley Products Company, precast concrete supplier

COMMERCIAL METALS Co

Acquired Foley Products Company for $1.84B cash; Foley supplies precast concrete and pipe products.
Foley has 18 facilities across nine states and approximately 600 employees; adds to CMC's precast platform.
Purchase funded by $2B in notes: $1B of 5.750% notes due 2033 and $1B of 6.000% notes due 2035.
CEO Peter Matt states combined Foley and CP&P acquisitions make CMC one of largest U.S. precast concrete businesses.

item 2.01 item 1.01 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

COMMERCIAL METALS Co completed an acquisition involving equityholders of the Foley Companies (Holdco and Oaktree Blocker) for $1.84 billion (closed 2025-12-15).

Action: acquisition
Counterparty: equityholders of the Foley Companies (Holdco and Oaktree Blocker)
Consideration: $1.84 billion
Closing: 2025-12-15

Exact text from the filing

Purchase Agreement, the Company purchased all of the issued and outstanding equity securities of Holdco and Oaktree Blocker (the “ Acquisition ”) for a cash purchase price of $1.84 billion. The purchase price is subject to further customary purchase price adjustment as described in the Purchase Agreement. The purchase price was funded with the proceeds from the

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COMMERCIAL METALS Co filing history →

Source: SEC EDGAR

accession 0001193125-25-319261

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