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Martin Marietta Materials and Quikrete Holdings signed a definitive agreement to exchange assets: Martin Marietta will gain aggregates operations in Virginia, Missouri, Kansas and Vancouver, British Columbia, plus $450 million cash, while Quikrete receives Martin Marietta's Midlothian cement plant and North Texas ready-mixed concrete assets. The deal is expected to close in Q1 2026.
“We believe that exchanging our remaining cement plant and related ready-mixed concrete operations for core aggregates assets best positions the Company for long-term earnings growth.”aggbusiness.com
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