Commercial Metals to Purchase CP&P for $675 Million in Expansion into Precast Sector
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
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Source: Benzinga
Acquisition Announcement: Commercial Metals Co. (CMC) will acquire Concrete Pipe & Precast LLC for $675 million, enhancing its presence in the U.S. precast concrete market, which is valued at approximately $30 billion annually.
Financial Impact: The acquisition is expected to generate earnings and free cash flow in the first year, with projected annual synergies of $5 million to $10 million by the third year, while being financed through CMC's existing cash reserves.
Analyst Views on IFRA
Wall Street analysts forecast IFRA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IFRA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
