# Martin Marietta and Quikrete Holdings exchange assets

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.

- Type: Acquisition
- Announced: 2025-08-06
- Where: Virginia, Missouri, Kansas, Vancouver (British Columbia), United States
- Value: $450.0M
- Status: announced
- Capacity: 20 million tonnes of aggregates annually
- Products: aggregates, cement, ready-mixed concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Martin Marietta Materials](https://endata.com/companies/25131.md)
- [Quikrete Holdings](https://endata.com/companies/19918.md) (partner)
- [Quikrete Holdings](https://endata.com/companies/19918.md) (target)
- [Martin Marietta Materials](https://endata.com/companies/25131.md) (acquirer)

## Sources

- [aggbusiness.com](https://www.aggbusiness.com/martin-marietta-and-quikrete-holdings-strike-deal-for-key-assets/), 2025-08-06: "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."
- [globalcement.com](https://www.globalcement.com/news/19736-martin-marietta-to-enter-definitive-agreement-with-quikrete), 2025-08-08: "Following a thorough evaluation, we believe that exchanging our remaining cement plant and related ready-mixed concrete operations for core aggregates assets and pursuing accretive bolt-on acquisitions best positions the company for long-term earnings growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.