“This acquisition represents a significant milestone in our journey to expand our capabilities and geographic presence,” Quikrete CEO Will Magill said in a Nov. 25 news release. “Summit is a ...
China’s booming construction industry has made it the world’s largest market player in the cement sector. Annual cement production in China far outpaces every other nation. In 2024 ...
Quikrete, the privately held Georgia concrete and cement company, will buy Denver-based Summit Materials in a deal worth more than $11 billion, including assumed debt. Quikrete is the top producer ...
Concrete prices usually range between $120 and $150 per cubic yard depending on your distance from the supplier, the volume needed, and the type of concrete. Concrete costs fall between $120 and $150 ...
Cement manufacturers are rooting for demand revival in H2FY25 but most companies still continue to prioritize volumes over realizations which makes pricing prospects bleak The Indian cement sector ...
Summit Materials, Inc. a leading producer of aggregates and cement, has announced it has entered into a definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete") for US$52.50 per ...
The deal is set to conclude in H1 2025. Credit: Shine Nucha via Shutterstock. Quikrete Holdings has signed a definitive agreement to acquire Summit Materials, which produces aggregates and cement, for ...
Summit Materials, Inc., a Denver-based leading producer of aggregates and cement, announced it has entered into a definitive agreement to be acquired by Atlanta-based Quikrete Holdings, Inc. for ...
The combination has been unanimously approved by the Summit and Quikrete boards of directors. The transaction combines Summit’s aggregates, cement and ready-mix concrete businesses with Quikrete ...
Quikrete is a private, family-owned company that manufactures and supplies packaged concrete products. Its purchase of Summit Materials, which also makes construction materials, is valued at about ...
Quikrete is paying $52.50 a share in cash for Denver-based Summit, according to a statement Monday. That’s 29% above the closing price on Oct. 23, the day before Summit said it had held initial ...