GREENVILLE, S.C., Dec. 16, 2025 /PRNewswire/ — Metromont, LLC, a 100-year-old, Greenville-based manufacturer of precast and prestressed concrete products, announcesGREENVILLE, S.C., Dec. 16, 2025 /PRNewswire/ — Metromont, LLC, a 100-year-old, Greenville-based manufacturer of precast and prestressed concrete products, announces

Metromont to acquire Heldenfels Enterprises, Inc.

GREENVILLE, S.C., Dec. 16, 2025 /PRNewswire/ — Metromont, LLC, a 100-year-old, Greenville-based manufacturer of precast and prestressed concrete products, announces its plan to acquire Heldenfels Enterprises, Inc., of San Marcos, TX.

Metromont, a recognized leader and pioneer in the engineering and manufacturing of precast and prestressed concrete for commercial construction, will purchase Heldenfels Enterprises from its founder, Fred Heldenfels IV, and shareholders effective December 15, 2025. Following the acquisition, the company will operate as Heldenfels Enterprises, a Metromont Company.

Heldenfels Enterprises is a renowned producer and provider of precast and prestressed concrete in Texas, serving the highway & bridge, marine, sports & entertainment, industrial, and custom precast markets across the state. In 1909, brothers F.W. Heldenfels Sr. and C.A. Heldenfels founded Heldenfels Brothers as a lumber and materials business. At the start of World War I, Heldenfels Brothers received a contract from the federal government to build four wooden, steam-powered cargo ships. Over the years, through the addition of sons and grandsons, the company expanded its operations to include the construction of military bases, airports, and highways.

In 1995, Fred Heldenfels IV formed Heldenfels Enterprises, Inc. and bought the company’s precast and prestressed concrete division assets. With its 85-acre manufacturing plant in San Marcos, TX, Heldenfels Enterprises maintains its presence in highway, marine, and industrial construction while building on technological advances to expand into large, challenging commercial markets such as data centers, LNG, power facilities, semiconductor processing, and athletic stadiums. Heldenfels Enterprises has constructed over 30 stadiums and arenas for professional, collegiate, and high school sports, including Texas A&M’s Kyle Field Renovation, AT&T Stadium (Dallas Cowboys), Texas Tech’s South Endzone, and Reliant Stadium (Houston Texans). Examples of its completed industrial infrastructure projects include the Samsung Semiconductor Factory, the NAS Building, U.S. Armed Forces Reserve Center, and the Tesla Giga Factory.

Quotes

“The Heldenfels family is known for its legacy of unwavering excellence in Texas, and Fred Heldenfels has built an outstanding organization in Heldenfels Enterprises. Our culture, core values, and business operations are very much aligned, and we at Metromont are excited for the new opportunities this transition will afford both companies. The addition of Heldenfels Enterprises and its associates under the continued leadership of current President/CEO, Chad Petro to the Metromont family will expand our precast capabilities in the Texas market.”

–     Rick Pennell, CEO of Metromont

At the forefront of Heldenfels Core Values is our belief that all that we have and all that we accomplish is for the glory of God and it is with this in mind that we chose the opportunity to partner with Metromont. Passing this business on to another legacy company that shares our values isn’t just a transaction, it’s a continuation of the principles we’ve built over generations. Metromont ‘s values of Faith – Honor – Passion ensure that our team, our customers, and our community will be in the hands of those who honor the same commitments as Heldenfels and gives me great confidence that the legacy we started will only grow stronger.”

–     Fred Heldenfels IV, Founder of Heldenfels Enterprises, Inc.

Westlake Securities, a leading Texas-based middle-market investment bank, served as the exclusive sell-side financial advisor to Heldenfels Enterprises.

About Metromont
A third-generation family company celebrating a century of business operations, Metromont is a leader and pioneer in the engineering and manufacturing of structural and architectural precast concrete solutions. With manufacturing facilities in Greenville & Spartanburg, South Carolina, Hiram, Georgia, Bartow, Florida, and Winchester and Richmond, Virginia. Metromont is one of the largest precast concrete manufacturers in the United States. The company’s primary market segments include parking garages, data centers, K12 schools, multifamily housing, industrial facilities, and athletic stadiums. Metromont has completed thousands of precast and prestressed projects for customers across the United States. In 2021 Metromont partnered with Markel Group and operates as a member of the Markel Group family of companies.

MEDIA CONTACT:
Terri Ward
Director of Marketing
Metromont
(540) 550-7357
tward@metromont.com
http://www.metromont.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/metromont-to-acquire-heldenfels-enterprises-inc-302643864.html

SOURCE Metromont LLC

Market Opportunity
WorldAssets Logo
WorldAssets Price(INC)
$0,5806
$0,5806$0,5806
-0,88%
USD
WorldAssets (INC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/CAD rises above 1.3750 after rebounding from three-month lows

USD/CAD rises above 1.3750 after rebounding from three-month lows

The post USD/CAD rises above 1.3750 after rebounding from three-month lows appeared on BitcoinEthereumNews.com. USD/CAD rebounds from a three-month low of 1.3730
Share
BitcoinEthereumNews2025/12/17 11:25
Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Cryptocurrency asset manager Bitwise has released an optimistic forecast for 2026, painting a picture of comprehensive strength across digital assets. The firm predicts Bitcoin will reach new all-time highs, ETF demand will surge dramatically, crypto-related equities will outperform traditional markets, and institutional adoption will deepen across various market segments.
Share
MEXC NEWS2025/12/17 12:59
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10