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 ...
Atlanta, Georgia-based Quikrete is one of the largest manufacturers of packaged concrete and cement mixes in North America. Denver, Colorado-based Summit is a provider of construction materials ...
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 ...
CNBC Select will update as changes are made public. Brick-and-mortar banks — as opposed to online-only banks — are traditional banks with hundreds (sometimes thousands) of physical branches ...
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 ...
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 ...
Quikrete, the largest cement maker in the U.S., announced Monday plans to buy Summit Materials Inc. for $11.5 billion ahead of a potential rise in construction activity as the cost of financing ...
(Reuters) -Summit Materials said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials. The sector's ...
Atlanta, Georgia-based Quikrete is one of the largest manufacturers of packaged concrete and cement mixes in North America. Denver, Colorado-based Summit is a provider of construction materials such ...
Summit Materials said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials. Quikrete to take Summit ...