The Tom Pritzker and Gigi Pritzker Pucker families—branches of the seventh-richest family in the U.S. are acquiring Lithko Contracting Inc., an Ohio concrete contractor with 1,500 employees. The all-cash deal is expected to close March 31, reports the Pritzker Organization, a Chicago merchant bank that represents Pritzker family interests. The purchase price was not disclosed.
Lithko, headquartered in Liberty Township, Ohio, specializes in walls, structural frames, slabs, site work, foundations, pre-construction services and “tilt-up” construction, where concrete components are pre-formed, pushed or pulled up from the ground, and then braced into place. The company has more than 400 clients.