April 9, 2024
Recently, Murtha Cullina completed a transaction for Strategic Commercial Realty, Inc. d/b/a Rawson Materials which includes the purchase of Sterling Concrete Corp. and the real estate comprised of its concrete plant in North Oxford, Massachusetts. Rawson Materials will operate Sterling Concrete as a wholly owned subsidiary.
This acquisition is pivotal in allowing Strategic Commercial Realty, Inc. to grow its family of brands, which includes aggregates, hot-mix asphalt, trucking and manufacturing into the ready-mix concrete industry. The subsidiary will continue to operate under the Sterling Concrete name, offering commercial and residential ready-mix concrete at two Massachusetts facilities.
Partners Nicholas Vitti and Eric Gyllenborg led the transaction, navigating the real estate purchase of the concrete plant and a heavily negotiated stock sale. Senior paralegal Chelsey Lombardo provided the organizational framework, allowing the complex transaction to be completed in a compressed time frame.
Other Murtha attorneys who were instrumental to the transaction's success include: Meghan Hayden, Mel Aska, Sal Gangemi and Ryan Dunn.
Read more about the transaction.
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