Press Release M. Luis Construction Co. - Lafarge North America Inc.
BALTIMORE, MARYLAND - Seale & Associates, Inc. announced that it arranged financing and acted as financial advisor to M. Luis Construction Co., Inc. ("MLCC"), on the acquisition of a Lafarge North America Inc. asphalt manufacturing facility based in Rockville, Maryland.
"Seale provided us with decisive guidance and acted as a forceful advocate for our family's interests in helping us to successfully acquire and finance Lafarge North America's Rockville asphalt manufacturing plant," stated Cidalia Luis-Akbar, President of MLCC. "Seale was persistent as we worked together to overcome challenges to complete this transformative acquisition for our company. We could not be more pleased with the advice and service we received."
MLCC, based in Baltimore, Maryland, is one of the leading minority and women owned construction and paving firms in the state of Maryland and the mid-Atlantic region. Over the past 25 years, MLCC has specialized in milling, concrete/asphalt paving and utilities construction while working on hundreds of projects statewide and constructing tens of thousands of lane miles. With the acquisition of the asphalt manufacturing facility, pending Maryland Department of Transportation Minority Business Program Certification, MLCC will be one of only two Women Owned Business Enterprise (WBE) certified asphalt manufacturers and the only Minority Owned Business Enterprise (MBE)/WBE in the State of Maryland. Currently, MLCC is a certified MBE in Montgomery County (through the Women's Business Enterprise National Council) and as a MBE/WBE with the Minority and Women's Business Opportunity Office in the City of Baltimore.
Lafarge North America Inc., a Lafarge company, is the largest diversified supplier of construction materials in the United States and Canada. The Lafarge Group is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. The Lafarge Group had sales of EUR15.9 billion in 2009 with 78,000 employees in 78 countries.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients' most complex dealings.