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Quikrete will pay 36% premium to Summit's pre-disclosure share price in a deal expected to close in the first half of 2025.

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When asked what aspects of the deal market they were grateful for this Thanksgiving, dealmakers delivered some common themes.

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The cash deal, when completed, would create a vertically integrated, North America-based construction materials provider.

Will Magill, CEO of Quikcrete, said “We are thrilled to welcome Summit into the Quikrete family.” He added, “This acquisition represents a significant milestone in our journey to expand our ...

Privately held concrete-maker Quikrete is buying rival Summit Materials (SUM) in an all-cash deal valued at $11.50 billion ...

Summit Materials, Inc., a Denver-based leading producer of aggregates and cement, announced it has entered into a definitive ...

Activity in the building materials industry is being fueled by an increase in government spending on infrastructure projects, ...

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

Summit Materials ( (SUM) ) has provided an announcement.