Trinidad & Tobago: Trinidad Cement has announced the permanent closure of its ready-mix concrete subsidiary Readymix (West Indies). Operations are due to cease on 31 March 2026.
Trinidad & Tobago Joint Consultative Council for the Construction Industry
President Fazir Khan told the Trinidad Express newspaper that the shutdown may be a ‘portfolio optimisation’ move in response to ‘crowded and highly competitive’ conditions in the local ready-mix concrete market.
UAE: ALAS Emirates Ready Mix says that it will build a new 400m³/hr ready-mix concrete plant at TECOM Group’s Dubai Industrial City. Commissioning is scheduled for 2026.
ALAS Emirates Ready Mix is a subsidiary of Germany-based ALAS Baustoff-Holding.
US: Investment firm CQL Capital has acquired Pennsylvania-based Erie Strayer, a producer of concrete batching plants and equipment for ready-mix and paving contractors. Private Equity Professional News has reported that Brookside Capital Partners, Everside Capital Partners, Star Mountain Capital, Tecum Capital and UMB Private Investments also co-invested.
Erie Strayer's products include the Heavy-Duty Tilt Drum Mixer and the Liberty Series Concrete Batching Control System. The producer also supplies replacement parts and on-site servicing.
US: Amrize has completed its acquisition of ready-mix concrete and aggregates producer PB Materials Holdings. The acquisition adds 26 sites in Amrize’s South US region. PB Materials recorded sales worth US$180m in 2025, and Amrize expects the deal to be earnings and cash accretive in 2026.
Amrize chair and CEO Jan Jenisch said "We are excited to be expanding our aggregates business in the high-growth West Texas region. This acquisition demonstrates our strategy in action as we continue to invest for growth in North America's most attractive markets. With a strong pipeline and an experienced team in place, we will continue to pursue value-accretive mergers and acquisitions."
