We are excited to announce that Mutual Materials Co. and Kanta Products Inc. have jointly entered into an agreement for Mutual Materials to acquire Kanta.
Kanta Products is a family owned concrete products manufacturer located in Three Forks, Montana. Kanta celebrates its 70th year anniversary under family ownership this month.
Kendall Anderegg, President of Mutual Materials, affirmed the company’s excitement in bringing Kanta employees under the Mutual Materials umbrella. “The purchase of Kanta allows us to continue growing a great concrete products manufacturer within our Pacific Northwest footprint.” She highlights Kanta’s history of consistently manufacturing high quality products and great customer service. Mutual Materials will continue to operate Kanta under its current brand, supporting its great tradition.
Tom Kanta, President of Kanta Products Inc. said that the sale of Kanta to Mutual allowed some key shareholders to transition from the business. A number of existing shareholders will continue to work for the company post- acquisition. Mr. Kanta emphasized the decade-long relationship with Joe Bowen, Chairman of Mutual Materials. “When we decided to transition the business, our first choice was to try to do something with Mutual Materials as we share so many long-standing family values.”
You can learn about Kanta Products on their company website at www.kantaproducts.com