Quikrete 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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