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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.

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

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

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

Summit Materials, Inc. Is Being Investigated For Fraud And Affected Investors Are Encouraged To Assist The Schall Law Firm ...

( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the ...

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 ...

The rationale behind this change is tied to Summit Materials' recent agreement to be acquired by Quikrete. The acquisition deal is valued at approximately $11.5 billion, which translates to an ...