Quikrete agreed to pay $52.50 per share in cash for Summit. The transaction combines Summit's cement, ready-mix concrete and aggregates businesses with Quikrete's concrete and cement-based product ...

Quikrete, the privately held Sandy Springs concrete and cement company ... Summit makes ready-mix concrete products and is a supplier of asphalt surfacing in the U.S. and Canada.

The analysts added Quikrete seemed most interested in Summit's cement and ready-mix operations. The transaction is expected to close in the first half of 2025. Shares of Summit fell about 1.7% in ...

The deal has been unanimously approved by both Summit and Quikrete’s Boards of Directors. The transaction will combine Summit’s aggregates, cement, and ready-mix concrete businesses with ...