Dayton Superior, a provider of accessories, chemicals, rebar connections, infrastructure packages and forming solutions for the concrete industry based in Miamisburg, Ohio, is acquiring American Fork-based HK Composites, manufacturers of a patented insulated concrete sandwich panel connector system.
“The acquisition of HK Composites bolsters Dayton Superior’s product portfolio and further enhances our footprint in the tilt-up and precast markets,” said Mark Carpenter, Dayton Superior’s president and CEO. “HK Composites is a globally recognized trailblazer for its connector system. Its portfolio and values are well-aligned with ours in delivering innovative and highly engineered product and service solutions to the concrete construction industry.”
“HK Composites prides ourselves with being an innovator within the construction industry and we know now is the right time to join Dayton Superior’s leading national platform of well-recognized brands. Doing so will help broaden our visibility and reach to our core markets,” said Jordan Keith, vice president at HK Composites.
HK Composites connector system combines insulated panels consisting of extruded polystyrene foam insulation sandwiched between two layers of concrete and their signature ties, creating a durable and resilient alternative to systems that are more expensive and less efficient, the company said.
The integration of the companies will occur over the coming months. The process includes transitioning HK Composites into Dayton Superior’s national platform of concrete construction industry brands such as Symons, Accubrace, SuperiorTilt and Aztec. HK Composites operations will continue at its Utah facility. Financial details were not disclosed.