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Eagle Minerals to Acquire CRS Proppants

Eagle Minerals Inc. Crs Proppants
AnnouncedOct 17, 2014
TypeCorporate
LocationPermian Basin
Announced Date
October 17,2014
Transaction Type
Corporate




Snapshot
Location
Region
Permian

Country
United States

State
Texas

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Eagle Materials Inc. has entered into a definitive agreement to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC (CRS Proppants), an established supplier of high-quality northern-white frac-sand to the energy industry.

The transaction aligns well with Eagle Materials’ growth strategy. CRS Proppants’ operations are highly complementary with Eagle Materials’ existing frac-sand operations. CRS Proppants operations include:

A northern-white frac-sand mine and processing facility in Wisconsin that is currently being expanded from approximately one million to two…