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Pavestone Among Assets sold to Anschutz

The Pavestone Company, whose concrete pavers are shown here, is among the many assets recently acquired by Anschutz Corp.
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Denver-based businessman Philip Anschutz has purchased all of the stock of the Oklahoma Publishing Co. (OPUBCO), whose assets include Pavestone LLC.

Pavestone, headquartered in Dallas, has manufactured segmental concrete products since 1980. The company has 18 U.S. plants and produces a large selection of segmental concrete products: pavers, edging, retaining walls and patio stones. Pavestone has a presence in more than 40 states, a workforce of well over 1,400, with sales approaching $300 million. Pavestone products are frequently specified by landscape architects and installed by landscape contractors in construction projects all across the U.S.

In addition to Pavestone, Anschutz acquired The Oklahoman (newspaper),, the corporate headquarters building, the printing facilities and all associated real estate; De Wafelbakkers LLC, a breakfast food company based in Little Rock; The Broadmoor Hotel in Colorado Springs; Manitou & Pike’s Peak Railway Co.; the Hyatt Regency Lost Pines Resort & Spa near Austin, Texas; numerous real estate holdings in Oklahoma and Colorado; water rights underlying the Greenland Ranch in Douglas County, Colo.; an aviation company in Oklahoma City; a 100-piece artwork collection of Western masters; and an interest in Suddenlink Communications, the nation’s seventh largest cable broadband.

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December 8, 2019, 8:47 am PDT

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