# 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.

- Type: Acquisition
- Announced: 2026-11-06
- Where: United States
- Value: $11.5B
- Status: announced
- Products: concrete, cement, aggregates, ready-mix concrete, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Quikrete Holdings](https://endata.com/companies/19918.md) (acquirer)
- [Summit Materials](https://endata.com/companies/21264.md) (target)

## Sources

- [readymixindustry.com](https://readymixindustry.com/news/quikrete-approaches-summit-materials-with-acquisition-offer), 2026-11-06: "The acquisition offer of $52.50 per share in cash is a 36% premium to Summit Materials' unaffected 90-day volume-weighted average price."

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