Akin Advises Strata Corporation in its $454 Million Sale to Knife River Corporation

January 8, 2025

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Alexandra Field

Director of Communications

Jacinta O'Shea-Ramdeholl

Senior Manager, International Communications

(Dallas; Houston; Washington, D.C.; New York) – Akin advised Strata Corporation, a leading construction materials and contracting services provider in North Dakota and northwestern Minnesota, in connection with the sale of its equity along with the equity of Glacier Resources, Ltd. and certain assets of Landmark Investments, L.L.C. to a wholly owned subsidiary of Knife River Corporation.

The Akin team was led by corporate partners Ashton Barrineau Butcher and Nicholas J. Houpt and included tax partner Alison Chen; antitrust/competition co-leader Gorav Jindal; labor & employment partner Lauren Leyden; real estate partner John Bain; executive compensation & employee benefits partner Stephanie Bollheimer; senior counsel Dennis Schmelzer and Jon Chatalian; counsel Jason Sison, Alexander Rosselli, Eduardo Canales, Alex Lau and Alexandra Ritschard; and associates Gavin Caldwell, Keegan Hudson, Samir Halawi, Meggie Weiler and Brielle Rowe.

For further information on the transaction, please click here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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