# Quikrete to acquire Forterra for $2.74 billion

Quikrete Holdings will acquire all outstanding shares of Forterra, a water and drainage infrastructure pipe manufacturer, for $24.00 per share in an all-cash transaction valued at approximately $2.74 billion including debt.

- Type: Acquisition
- Announced: 2021-02-22
- Where: United States
- Value: $2.74B
- Status: announced
- Products: water and drainage infrastructure pipe and products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Quikrete Holdings](https://endata.com/companies/19918.md) (acquirer)
- [Forterra](https://endata.com/companies/30280.md) (target)

## Sources

- [baltimore.citybuzz.co](https://www.baltimore.citybuzz.co/article/652840/forterra-to-be-acquired-by-quikrete), 2021-02-22: "Forterra and Quikrete are an ideal strategic fit, and this combination is a natural next step for our company, enabling us to better serve our customers across the company on their concrete projects from start to finish."
- [globenewswire.com](https://www.globenewswire.com/news-release/2021/02/22/2179524/0/en/forterra-enters-into-definitive-agreement-to-be-acquired-by-quikrete.html), 2021-02-22: "Forterra and Quikrete are an ideal strategic fit, and this combination is a natural next step for our company, enabling us to better serve our customers across the company on their concrete projects from start to finish."

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