Justice Department Sues Over CRH Acquisition, Seeking Divestiture of Two Tennessee Asphalt Plants

On August 7, 2026, the U.S. Department of Justice Antitrust Division and the State of Tennessee filed a civil antitrust complaint in the U.S. District Court for the Western District of Tennessee (Case No. 2:26-cv-03012), alleging that APAC-Tennessee, Inc.'s proposed acquisition of Standard Construction Group, Inc. would substantially lessen competition in the manufacture and sale of Tennessee Department of Transportation-approved hot-mix asphalt in Shelby County, Tennessee, in violation of Section 7 of the Clayton Act.
According to the complaint, CRH plc, through APAC, and Standard are two of the largest firms competing in hot-mix asphalt for road construction in Shelby County. On October 7, 2024, APAC executed a letter of intent to acquire Standard's sand and gravel, hot-mix asphalt, and paving and construction services business for at least $133.9 million.
A proposed final judgment filed the same day would require the defendants to divest APAC's Tuggle Road facility at 4765 Tuggle Road in Memphis and Standard's Millington facility at 7666 Raleigh Millington Road in Millington to Dunn Investment Company, or another acquirer acceptable to both the United States and Tennessee, restoring an independent and viable competitor. On August 19, the Federal Register published notice of the proposed final judgment and competitive impact statement (Document No. 2026-16850), opening the Tunney Act comment process.
Related: 司法部反垄断司结案两起地方沥青并购调查:Colas与CRH交易经州检察长和解剥离设施
Source: U.S. Department of Justice Antitrust Division
Published by GSM · USA (original Chinese edition)
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