Founded in 1981, Newcrete is a leading producer and supplier of ready-mix and precast concrete and masonry products for the Newfoundland and Labrador construction industry.
Newcrete owns the largest fleet of concrete boom pump trucks, operates the only fully automated block production facility, and is the only producer of Concrete Paving Stones and Keystone retaining wall systems in the province.
Banyan invested in Newcrete in 2014 to provide full and partial liquidity
for its two shareholders and to help continue driving its geographic
expansion across Newfoundland and Labrador.
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Banyan Capital Partners
December 2nd, 2021