The Rich Just Keep Getting Richer

Someone buy Bob Schlegel a drink tonight. Pavestone Company, founded by Schlegel (father of Kim and Kirby), is being sold to Irish building materials group CRH/Oldcastle for $540 million. As part of the deal, Pavestone’s parent company, Schlegel Consolidated LLC will acquire CRH’s manufactured stone veneer business and combine it with their own stone company, Tejas/Veneerstone LP.