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 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 ...

The board of directors of both Summit and Quikrete have unanimously approved the transaction. The deal will merge the aggregates, cement, and ready-mix concrete businesses of Summit with Quikrete’s ...

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 ...

With interest rates coming down, the largest concrete company is buying Summit at a deal value of $11.5 billion including debt Quikrete, the largest cement maker in the U.S., announced Monday ...

Quikrete is a private, family-owned company that manufactures and supplies packaged concrete products. Its purchase of Summit Materials, which also makes construction materials, is valued at about ...

At the start of 2024, Summit merged with the U.S. division of Colombian concrete maker Cementos Argos — which is now Summit’s largest shareholder — in a $3.2 billion deal. Quikrete and Summit said ...

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