# Quikrete Holdings to acquire Rinker Materials pipe and precast business from Cemex for $500M

Cemex agreed to sell its Rinker Materials concrete pipe and precast business to Quikrete Holdings for about $500 million, plus up to $40 million in additional payments. The deal includes 32 plants in 15 states.

- Type: Acquisition
- Announced: 2017-01-17
- Where: United States
- Value: $500.0M
- Status: announced
- Products: concrete pipe, precast concrete products, Stormceptor stormwater treatment device
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [Quikrete Holdings](https://endata.com/companies/19918.md) (acquirer)

## Sources

- [concreteproducts.com](https://concreteproducts.com/index.php/2017/01/17/cemex-dispatches-rinker-pipe-and-precast-business-in-500m-quikrete-deal/), 2017-01-17: "Cemex S.A.B. de C.V. enters the new year on track to unload a major non-core U.S. asset: the Rinker Materials concrete pipe and precast business."

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