Martin Marietta Southern California Cement

Peruvian-based Grupo UNACEM finalized the acquisition of 100% shares of Martin Marietta Southern California Cement, LLC for $315 million. The acquisition includes an integrated clinker and cement operation in Tehachapi, California.

Peru-based UNACEM has agreed to acquire Martin Marietta Materials' Tehachapi cement plant in California for $317 million. The deal is expected to close in mid-late 2023.