The transaction will combine Summit’s aggregates, cement and ready-mix concrete businesses with privately held Quikrete’s concrete and cement-based products. Bloomberg News first reported last ...

With interest rates coming down, the largest concrete company is buying Summit at a deal value of $11.5 billion including ...

The analysts added Quikrete seemed most interested in Summit's cement and ready-mix operations. The transaction is expected to close in the first half of 2025. Shares of Summit fell about 1.7% in ...

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 ...

Summit Materials sells aggregate, cement and ready-mix concrete material. It employs about 5,300 people nationwide. Privately held Quikrete Holdings Inc. agreed to pay $52.50 per share to buy ...