“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 ...

Quikrete, the privately held Georgia concrete and cement company, will buy Denver-based Summit Materials in a deal worth more than $11 billion, including assumed debt. Quikrete is the top producer ...

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The combination has been unanimously approved by the Summit and Quikrete Boards of Directors. The transaction combines Summit's leading aggregates, cement and ready-mix concrete businesses with ...

This acquisition price reflects a significant premium over Summit’s recent share performance. The board of directors of both Summit and Quikrete have unanimously approved the transaction. The deal ...

The $9.2 billion debt package to help finance Quikrete Holdings Inc.’s acquisition of Summit Materials Inc. is a sign that a long-awaited Wall Street wish could soon come true: the return of big ...

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 ...

The combination has been unanimously approved by the Summit and Quikrete Boards of Directors. The transaction combines Summit's leading aggregates, cement and ready-mix concrete businesses with ...

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 ...

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 ...