Lafarge North America announced that it completed a transaction to acquire the assets from the New Orleans division of Metro Materials Inc.—a family-owned ready mix provider headquartered in St. Louis, Mo.

The acquisition involves Metro Material’s New Orleans assets and includes its two Ready Mix concrete plants and associated trucks and equipment.

“We are excited to expand our businesses in New Orleans, Louisiana,” stated John Stull, president and CEO, Lafarge U.S. “The area is an important market for us and even though the economic environment remains challenging, we are willing and able to invest in our future. The acquisition will give us an opportunity to better serve our customers and allow us to continue to build better cities and communities in the area.”