Powered by

CiDRA Holdings Announces the Spin-out of Its Concrete Quality Systems Business into a Standalone Company; Includes Growth Equity Investment in the Concrete Quality Systems Business from Strategic Go-to-Market Partner Sika AG

Jan 05, 2021 - Business Wire

CiDRA Holdings has a twenty-year history of conceiving, developing and building leading edge companies and then spinning them out as standalone businesses. CiDRA Concrete Systems, Inc. ("CiDRA Concrete") is the latest example of this proven business model in action.

CiDRA Concrete, headquartered in Eden Prairie, Minnesota, is an IoT based business that provides real time data that continuously measures the concrete quality from the batch plant to the job site via concrete Ready-Mix trucks....