Eagle Materials came to an agreement to acquire Bullskin Stone & Lime, an aggregate-producing company located in western Pennsylvania.
The purchase price is $152.5 million, Eagle Materials says, and the deal is expected to close within 60 days.
Bullskin Stone serves the Pittsburgh and broader western Pennsylvania markets. The company is based in Mt. Pleasant, Pennsylvania.
“The acquisition of Bullskin Stone & Lime further advances Eagle’s long-term growth strategy by adding a pure-play aggregates business that complements and extends our network of aggregates quarries and cement plants and terminals in the region,” says Michael Haack, president and CEO of Eagle Materials. “We look forward to welcoming Bullskin employees to the Eagle Materials organization and are excited about the opportunities this business presents for us moving forward.”
Eagle Materials, which is headquartered in Dallas, manufactures and sells its products through a network of more than 70 facilities spanning 21 states.
