The precast concrete market is set to witness a steady growth trajectory in the coming future. Well aware of the future opportunities, manufacturers in the precast concrete market are leveraging acquisition and regional expansion strategies to increase their market revenues.
In August 2018, Consolis Group, Europe’s leading supplier of precast concrete acquired TMB Group, a provider of concrete elements. The acquisition is aimed at expanding Consolis’ presence in the European markets.
In July 2018, LafargeHolcim, a leader in the precast concrete market acquired Tarrant Concrete with an aim to expand its footprint in the U.S. market.
In June 2018, FLI Group, an Irish firm acquired Carlow Precast, a precast concrete specialist. The new FLI Carlow.
Few of the prominent players in the precast concrete market include L&T Construction, China National Building Material Company Limited, CRH Plc., Cemex S.A.B. De C.V., Elematic Oyj, Coltman Precast Concrete Limited, Weckenmann Anlagentechnik GmbH & Co. KG., Taisei Corporation and Bison Manufacturing Limited.
