Alamo Cement Company (Alamo), a wholly owned subsidiary of Buzzi Unicem, has signed an agreement in principle to purchase a 50% ownership position in Dorsett Bros. Concrete Supply, Inc. (Dorsett) of Houston, Texas.



Dorsett is one of the leading suppliers of ready-mix concrete and soil stabilization products in Houston and surrounding areas. It currently operates 19 stationary and portable concrete batch plants and 7 stabilized material plants along with a fleet of vehicles that includes more than 250 mixer and haul trucks. Sales volumes in 2007 were approximately 1.3 million cubic yards of concrete and 0.7 million tons of stabilized material with gross revenue of $108 million.

The completion of the transaction is expected to occur by the end of June. Dorsett’s management team, led by President Bill Dorsett, will continue to manage the company and oversee its operations. The ownership interest in Dorsett is a major entry for Alamo into ready-mix concrete operations in Houston. The purchase is expected to provide continuing opportunities for growth in distribution and delivery of cement, ready-mix concrete and soil stabilization products. As part of the agreement Alamo will purchase the remaining Dorsett shares within a few years of acquiring its initial interest in the company.

Alamo owns and operates one cement manufacturing plant that is located in San Antonio, Texas and is also a significant seller of imported cement. Alamo also owns and operates 55 ready mix concrete plants and 4 aggregate plants throughout the Central, Gulf Coast and Rio Grande Valley areas of Texas. Sales volumes in 2007 were approximately 1.7 million short tons of cement and 2.2 million cubic yards of concrete with gross revenue of $370 million.