# Martin Marietta completes asset exchange with Quikrete Holdings

Martin Marietta Materials completed an asset exchange with Quikrete Holdings, acquiring aggregates operations producing ~20 million tons annually in Virginia, Missouri, Kansas and Vancouver, plus $450 million cash, in exchange for its Midlothian cement plant, related terminals and Texas ready-mixed concrete assets.

- Type: Acquisition
- Announced: 2026-02-23
- Where: Virginia, Missouri, Kansas, United States
- Value: $450.0M
- Status: completed
- Capacity: 20 million tons per year
- Products: aggregates, cement, ready-mixed concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

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

## Sources

- [barchart.com](https://www.barchart.com/press-releases/372602/martin-marietta-completes-asset-exchange-with-quikrete-holdings-inc), 2026-02-23: "This portfolio-enhancing transaction establishes new growth platforms in key SOAR-target markets while further strengthening our differentiated Central Division footprint."

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