M&A
confidence high
sentiment neutral
materiality 0.70
Suncrete acquires Newoods (ABC Block) for $27.2M cash plus 587,726 shares
Suncrete, Inc.
- Acquisition of concrete product supplier Newoods, Inc. (ABC Block Company) closed June 8, 2026.
- Total consideration: $27.2 million in cash (subject to adjustment) and 587,726 shares of Class A common stock.
- Shares issued in reliance on Section 4(a)(2) and Rule 506 of Regulation D as a private placement.
- Suncrete ticker RMIX; transaction expands concrete product offerings.