Quikrete offers $11.5B to acquire Summit Materials

Quikrete Holdings has made a definitive acquisition offer to Summit Materials valued at approximately $11.5 billion, including debt, at $52.50 per share in cash. The transaction is expected to close in the first half of 2025, subject to regulatory and shareholder approvals.

“The acquisition offer of $52.50 per share in cash is a 36% premium to Summit Materials' unaffected 90-day volume-weighted average price.”readymixindustry.com

• 1 source
• readymixindustry.comQuikrete approaches Summit Materials with acquisition offerNov 6, 2026

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