Heidelberg Materials North America entered into a definitive purchase agreement to acquire Giant Cement Holding Inc. (GCHI) and its subsidiaries – Giant Cement Company, Dragon Products Company and Giant Resource Recovery – for $600 million subject to ordinary post-closing adjustments.
Read MoreMonth: December 2024
Cemex Earns COP29 Recognition for Decarbonization Breakthrough
Cemex secured the Net-Zero Industries Award by Mission Innovation during COP29 in Baku, Azerbaijan, for its revolutionary clinker decarbonization process using concentrated solar power.
Read MoreQuikrete to Acquire Summit Materials in Multi-Billion Dollar Deal
Summit Materials has entered a definitive agreement to be acquired by Atlanta-based Quikrete Holdings for $52.50 per share in a cash transaction valued upward of $11.5 billion. “This acquisition represents a significant milestone in our journey to expand our capabilities and geographic presence,” said Quikrete CEO Will Magill. “Summit is a recognized leader with a highly complementary portfolio of trusted…
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