# Martin Marietta to acquire Lehigh Hanson's West Region business for $2.3 billion

Martin Marietta Materials announced it will acquire Lehigh Hanson's West Region business for $2.3 billion in cash, including 17 active aggregates quarries and two cement plants in California and Arizona.

- Type: Acquisition
- Announced: 2021-05-24
- Where: California, Arizona, United States
- Value: $2.30B
- Status: announced
- Products: aggregates, cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [HeidelbergCement](https://endata.com/companies/20595.md) (target)
- [Lehigh Hanson](https://endata.com/companies/23658.md) (target)
- [Martin Marietta Materials](https://endata.com/companies/25131.md) (acquirer)

## Sources

- [ir.martinmarietta.com](https://ir.martinmarietta.com/news-releases/news-release-details/martin-marietta-announces-acquisition-lehigh-hansons-west-region), 2021-05-24: "Martin Marietta will acquire Lehigh Hanson, Inc.’s West Region business for $2.3 billion in cash."
- [reuters.com](https://www.reuters.com/business/finance/martin-marietta-buy-heidelbergcements-western-us-assets-23-bln-2021-05-24/), 2021-05-24: "Construction materials supplier Martin Marietta Materials Inc said on Monday it will buy HeidelbergCement AG's assets in California and Arizona for $2.3 billion."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/martin-marietta-buys-u-s-unit-from-heidelbergcement-for-2-3b), 2021-05-24: "Martin Marietta Materials Inc. agreed to buy HeidelbergCement AG’s business activities in the western U.S. for $2.3 billion in cash."

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