Nathan McKean

London’s Breedon Group closed on a $300 million deal for St. Louis-based BMC Enterprises Inc. The transaction affords the suitor a North American market platform with 44 ready mixed concrete and five precast plants, plus five crushed stone and seven sand & gravel operations—the latter representing upward of 450 million tons of reserves. BMC Enterprises spans a St. Louis ready mixed concrete flagship, Breckenridge Material Co., founded in 1925, plus satellite businesses—most with local market brands—across Missouri, Arkansas and Illinois. The company has significantly expanded during the past fifteen years, closing 30 acquisitions involving aggregate, ready mixed concrete, building materials and precast concrete products.

Terms of the deal called for McKean to transition to a non-executive advisory role for Breedon’s North American business.  Separately, he is currently serving as Chairman for the National Ready Mixed Concrete Association, where he has been involved in senior leadership for the past dozen years.