Flowood, Miss. — Ergon Asphalt & Emulsions, Inc. (Ergon A&E) has purchased the Associated Asphalt family of companies (Associated), effective as of today, December 15, 2023. The acquired companies will continue to operate under the Associated Asphalt name.

Through its network of owned and leased terminal locations, Associated provides neat asphalt, polymer modified asphalt and emulsions to customers along the Eastern Seaboard. This acquisition positions Ergon to serve new markets and support and meet the needs of current and future customers throughout the Atlantic Coast region.

“For decades, Ergon has played an important role in the push to improve roadway infrastructure throughout the U.S.,” said Baxter Burns, President of Ergon A&E. “This acquisition is in keeping with our ever-evolving goal to provide the resources agencies need to maintain their roadway networks.”

“As The Resource in the asphalt industry, we are moving forward with innovation in mind and a continued focus on putting our customers first,” said Patrick Nation, Senior Vice President – Sales & Marketing for Ergon A&E. “We are excited about the opportunity to expand our product solutions and support services into more markets.”

Piper Sandler & Co. served as the exclusive financial advisor for Associated.

About Ergon
Ergon is a group of privately held companies operating under four primary business segments: Energy & Specialty Solutions, Exploration & Production, Integrated Services & Logistics, and Pavement & Coating Resources, of which Associated is a part.

Contact:
Kathy Potts
Vice President – Marketing Communications
601-933-3000
kathy.potts@ergon.com
ergon.com