How many acquisitions has Knife River made so far?

Knife River has completed 8 acquisitions so far, with an average acquisition amount of $454M.

In which year did Knife River make the most acquisitions?

Knife River was most active in 2021, with 3 acquisitions completed in that year.

List of 8 Acquisitions by Knife River (Apr 2026)

Q: Which is Knife River's latest acquisition?

Knife River's most recent acquisition is Morganasphalt, a Provider of asphalt paving, grading, and utility services, acquired in February 2026.

Most viewed in 2019

Knife River has made a total of 8 acquisitions. Peak activity occurred in 2021 with 3 acquisitions, and in 2024 and 2026 with 1 acquisition each. Acquisitions have spanned 1 country, with 7 in United States, and 2 sectors, notably Building Materials with 5 acquisitions and Real Estate & Infrastructure Developers with 1 acquisition. Over the last five years (2020–2025), the average number of acquisitions per year was 0.8, with 1 acquisition completed in the current calendar year. The most recent acquisition was Morganasphalt, a provider of asphalt paving, grading, and utility services located in United States, which closed in February 2026.

Here's the year on year acquisition history of Knife River:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2024	1
2021	3
2020	1
2007	1
2004	1

View all Acquisitions by Knife River

Recent acquisitions by Knife River

Knife River's most recent acquisition - Morganasphalt is a Provider of asphalt paving, grading, and utility services. Knife River acquired it in February 2026.

Here is the list of all acquisitions by Knife River sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Feb 27, 2026	Morganasphalt	Undisclosed	-	27	928
Dec 20, 2024	Strata	$454M	-	63	860
Nov 22, 2021	Baker Rock Resources	Undisclosed	-	65	746
Nov 22, 2021	Oregon Mainline	Undisclosed	-	20	812
Apr 02, 2021	Mt Hood Rock Products	Undisclosed	-	16	622