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 ...

Concrete supplier Quikrete is buying rival Summit Materials, in a deal valued at $11.5 billion that will capitalize on high demand for building materials, the company said in a statement Nov.

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 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 ...

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., a Denver-based leading producer of aggregates and cement, announced it has entered into a definitive agreement to be acquired by Atlanta-based Quikrete Holdings, Inc. for ...

Privately held Quikrete is expected to pay $52.50 a share in cash for Summit, the people said. Including debt, the deal values Summit at $11.5 billion and is set to be announced Monday, they said.

Quikrete is paying $52.50 a share in cash for Denver-based Summit, according to a statement Monday. That’s 29% above the closing price on Oct. 23, the day before Summit said it had held initial ...

“This acquisition represents a significant milestone in our journey to expand our capabilities and geographic presence,” Quikrete CEO Will Magill said in a Nov. 25 news release. “Summit is a ...

In October, Summit Materials disclosed receiving a non-binding acquisition proposal. The deal has been unanimously approved by both Summit and Quikrete’s Boards of Directors. The transaction will ...