Nov 21, 2023ACQUISITIONTexas, United States CRH to acquire Martin Marietta's Texas cement and concrete assets for $2.1B
CRH announced a $2.1 billion acquisition of building materials assets in Texas from Martin Marietta Materials, including a 2.1 million ton capacity cement plant, terminals, and 20 ready-mixed concrete plants. The deal is expected to close in the first half of 2024.
Capacity
2.1 million tons of cement
Productscementready-mixed concrete
“CRH announced a $2.1 billion acquisition of building materials assets in the high-growth Texas market from U.S. rival Martin Marietta Materials on Tuesday.”reuters.com
- 5 sources
- reuters.comCRH buys $2.1 bln Martin Marietta assets, upgrades profit guidancePadraic HalpinNov 21, 2023
- wsj.comCRH to Buy Texas Cement, Concrete Portfolio for $2.1 BlnAnthony O. GoriainoffNov 21, 2023
- ir.martinmarietta.comMartin Marietta to Divest South Texas Cement and Related Concrete Operations to CRH plc | Martin MariettaNov 21, 2023
- businessplus.ieCRH Agrees $2.1bn Acquisition of Texas Cement AssetsGeorge MorahanNov 21, 2023
- pitandquarry.comCRH, Martin Marietta make a deal in TexasKevin YanikNov 21, 2023
Summarized from public sources; check the original articles before acting on it.
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