Displaying items by tag: merger
Quikrete approaches Summit Materials with acquisition offer
25 October 2024US: Bagged concrete and cement mixes producer Quikrete has submitted an acquisition offer to cement, concrete and aggregates company Summit Materials. Summit Materials is reportedly valued at over US$7bn. The company confirmed to Reuters that its board is in initial discussions over a non-binding acquisition proposal.
Summit Materials combined its business with Cementos Argos subsidiary Argos USA in January 2024.
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Global Concrete News
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