# Lehigh Hanson to acquire Cemex subsidiary Cadman for $150M

Cadman Materials Inc., a Lehigh Hanson company, agreed to buy Cadman Pacific Northwest Materials, a Cemex subsidiary with aggregate, asphalt and ready-mix concrete operations in Oregon and Washington, for about $150 million. The transaction is subject to regulatory approvals and expected to close in Q2 2017 or shortly after.

- Type: Acquisition
- Announced: 2017-04-18
- Where: Oregon and Washington, United States
- Value: $150.0M
- Status: announced
- Products: aggregate, asphalt, ready-mix concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [Lehigh Hanson](https://endata.com/companies/23658.md) (acquirer)
- [Cadman Materials Inc.](https://endata.com/companies/23659.md) (acquirer)
- [Cadman Pacific Northwest Materials](https://endata.com/companies/23660.md) (target)

## Sources

- [pitandquarry.com](https://www.pitandquarry.com/lehigh-hanson-company-purchases-cemex-subsidiary/), 2017-04-18: "The sale was for about $150 million."

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