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Quikrete Holdings has finalized the acquisition of 100% of Summit Materials' shares, making Summit Materials a privately held subsidiary of Quikrete. Cementos Argos sold its 31% stake in Summit Materials for $2.875 billion as part of the transaction.
“Together, we now have an unrivalled, materials dominant, platform featuring significant scale and an advantaged geographic footprint.”aggbusiness.com
Summarized from public sources; check the original articles before acting on it.