MAPEI Acquires GRT Concrete-Mix Firm
DEERFIELD BEACH, Fla. – MAPEI Americas announced the acquisition May 27 of General Resource Technology Inc, (GRT), a U.S. concrete-admixture manufacturer.
Click photo to enlargeGRT Vice President Travis Collins will be general manager of the subsidiary and report directly to MAPEI Americas President/CEO Luigi Di Geso.
Family-owned since its 1993 founding, GRT markets concrete admixtures and auxiliary products for the concrete industry in the central United States. The company’s products are routinely used to produce high-performance concrete mixes that are called upon to perform in all weather conditions. GRT continually incorporates the latest product technology available in its efforts to meet customer needs and is focused on continuing the development of next-generation chemical admixture products.
GRT operates two production sites in Minneapolis and St. Louis.
“We are very excited about bringing GRT into the MAPEI family,” Di Geso said. “MAPEI Group has been in the admixture business for a long time globally, and GRT will certainly help us move forward in that market in the Americas.”
“With the addition to our portfolio of an admixture manufacturer based in the Americas, the growth rate of our Concrete Systems category will increase even more quickly. As our global Underground Tunneling Technology division expands, GRT will provide an important source of highly specialized products for this market as well.”
Collins emphasized the close fit between the two companies.
“The success of GRT is dependent on our employees and the high level of reliable service they provide to our customers,” he said. “When we first began talks, we felt very comfortable with the MAPEI philosophy. We feel that MAPEI will help us reach new heights as we all work together to grow the admixtures business into the future.”
“With the acquisition of GRT, we achieve another milestone in our commitment to the Americas that MAPEI will be an important player in the concrete admixture market,” Di Geso added.
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