Cadman Materials Inc.

Cadman Materials Inc., a subsidiary of HeidelbergCement, agreed to acquire 14 ready mixed, aggregate and asphalt operations in Washington and Oregon from Cemex USA.

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.

HeidelbergCement's U.S. subsidiary Cadman Materials has agreed to buy Cemex's Pacific Northwest Materials Business, including aggregate, asphalt and ready mix concrete operations in Oregon and Washington, for about $150 million. Closing is expected in Q2 2017.