Concrete supplier Quikrete is buying rival Summit Materials, in a deal valued at $11.5 billion that will capitalize on high demand for building materials, the company said in a statement Nov.

Privately held Quikrete approached Summit with an acquisition offer in October, Reuters had reported. The concrete maker's $52.50 per share offer represents an about 29.2% premium to Summit's ...

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. (NYSE:SUM) shares are trading higher on Monday. The company inked a definitive deal to be acquired by privately owned family business Quikrete Holdings for $52.50 per share ...

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 ...

Privately held Quikrete is expected to pay $52.50 a share in cash for Summit, the companies said Monday, confirming an earlier report from The Wall Street Journal. Including debt, the deal values ...

The deal would combine Summit and Quikrete’s cement and concrete businesses to create a behemoth producer of construction materials in North America. Quikrete, based in Atlanta, is also ...

US: Quikrete has entered into a definitive agreement to buy Summit Materials for a total enterprise value of US$11.5bn. The deal will add Summit Materials’ aggregates, cement and ready-mixed concrete ...

Privately held Quikrete approached Summit with an acquisition offer in October, Reuters had reported. The concrete maker's $52.50 per share offer represents an about 29.2% premium to Summit's closing ...

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 ...