PRESS RELEASE FORT LAUDERDALE, FL – VR Business Sales, Mergers & Acquisitions of Charlotte, North Carolina recently closed on the sale of two asphalt plants owned by Carolina Material Sales, Inc. of Hendersonville, North Carolina along with the paving divisions of Moore and Son Site Contractors, Inc. of Arden, North Carolina and Young & McQueen Grading Company, Inc. of Burnsville, North Carolina. Rogers Group, Inc located in Nashville, Tennessee was the purchaser. Brad Offerdahl, Owner of the VR office in Charlotte, represented the three selling entities on the transaction.
Carolina Material Sales, Inc. is a major provider of hot mix asphalt in western North Carolina with plants in Hendersonville and Burnsville. Moore and Son is a leading site and paving contractor in the Asheville, North Carolina area. Young and McQueen is a major site and paving contractor working in various Western North Carolina markets.
Founded in 1908, Rogers Group, Inc is the largest privately held crushed stone producer in the nation with 1,600 employees and approximately 80 locations spread over a 6 state area. Offerdahl and VR Charlotte facilitated in all phases of the transaction, from the initial analysis through closing. Details were not disclosed.
VR Business Sales is the world’s premier business intermediary firm. With a combination of global strength and local experience, VR’s 30 years of successful business sales through Valued Representation, is the reason more and more business buyers and sellers demand our proven skills and resources to help them succeed in an increasingly complex market. The firm specializes in the sale of privately-held companies and offers a multi-service approach to matching buyers’ interests, goals and desires with the right businesses. VR Business Sales is a company committed to a diversified menu of business advocate services, with more than 130 locations. Consequently, we have proven our value to business clients across the country and around the globe.
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