Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
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The Federal Trade Commission (FTC) is challenging Lehigh Cement’s $151 million acquisition of rival Pennsylvania-based producer Keystone Cement Co., alleging the deal would harm regional competition in the market.
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LafargeHolcim projects a second quarter closing on a $3.4 billion deal for Nashville-based Firestone Building Products (FBP), the largest acquisition in the company’s five-year history and one stretching well beyond its core production competencies.
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