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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News from the Concrete and Aggregates Industries
– IN BRIEF –The five leading states in the fourth quarter of 2021 were, in descending order of production, Texas, Missouri, California, Florida and Ohio. Aggregates Production Rises 5% in 2021. The U.S. Geological Survey (USGS) has released the report “Crushed Stone and Sand and Gravel in the Fourth Quarter 2021.” An estimated 647 million metric tons (Mt) of total…
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