Construction products distributor New South Construction Supply acquired Increte of North Florida, a concrete construction material distributor and supplier based in Jacksonville, Fla.
“I am happy to welcome Grant Denny, president and CEO of Increte of North Florida, and his employees to the New South team,” Jim Sobeck, president and CEO of New South Construction Supply, said in a prepared statement. “We look forward to learning more about the road and bridge business from them and expanding their business into the fabricated rebar and the tilt-up construction space. For our first foray into Florida, we could not think of a better fit for our business and for our customers.”
The acquisition of Increte of North Florida was finalized on November 1. The company will maintain operations under the New South Construction Supply name. The Increte facility represents New South’s first location in Florida and the company said it looks forward to “doing business with more companies in the state and also in the Caribbean.”
“This acquisition, which is the foundation of our expansion into the Florida market, is a prime example of our commitment to advancing competitive choice in the industry by developing new markets and new product categories,” Abhi Singh, COO of New South Construction Supply, said. “Our customers have clearly expressed they want a service-first partner, not just a vendor, and we look forward to filling that void for them throughout the southeast.”
New South Construction Supply, based in Greenville, S.C., is a distributor of construction products to general contractors and subcontractors across the Sunbelt region as well as nationally and internationally. The company specializes in concrete and masonry accessories, rebar with wire mesh, tilt-up construction, waterproofing materials, and many other construction products for the commercial and residential markets.
