merger
Competitive changes in the aggregate industry
Over the course of the past four years, more than $50 billion has changed hands through mergers and acquisitions in the aggregate industry. Keep Reading
Fairmount Santrol, Unimin Corp. to merge
Fairmount Santrol will be merging with Unimin Corp., a wholly owned subsidiary of SCR-Sibelco NV. Keep Reading
Terex Corp. ends merger with Konecranes
Terex Corp. and Konecranes mutually agreed to terminate their merger without the payment of a fee by either party. The two companies initially entered into a merger on Aug. 10, 2015. Terex says it signed a definitive agreement to sell its material handling and… Keep Reading
Terex Corp. receives acquisition proposal from Zoomlion
Terex Corp. received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $30 in cash. According to the company, the proposal is conditioned on receipt of… Keep Reading
Terex Corp. announces leadership changes, merger
Terex Corp. has announced a number of senior executive changes: George Ellis will take on a new role as senior vice president, operations planning and president, Terex Construction. Scott Hensel, now vice president, Terex Services North America, has been named… Keep Reading
Lafarge and Holcim complete global mega-merger
Lafarge S.A. and Holcim Ltd. have completed their global merger and have launched LafargeHolcim, a world leader in the building materials industry. LafargeHolcim began trading today on the SIX Swiss Exchange in Zurich with the ticker symbol LHN and on… Keep Reading
Holcim shareholders approve shares for merger
Shareholders of Swiss cement giant Holcim Ltd. approved the issuance of new shares to pay for Holcim’s $47 billion union with France’s Lafarge SA, reports The Wall Street Journal (WSJ). According to WSJ, roughly 94 percent of Holcim’s shareholders voted… Keep Reading
Economics Pulse: Construction materials update
The first quarter of 2015 brought four areas of interest to the construction materials sector: year-end earnings reports; the first initial public offering in the sector in more than a decade; continued anticipation of the industry’s merger of its two… Keep Reading
Holcim and Lafarge announce asset divestment proposal in US
Holcim and Lafarge announced details on the assets they wish to divest in the United States as a part of their planned merger to form LafargeHolcim. According to Lafarge, the companies hope to sell Lafarge’s Davenport cement plant and seven… Keep Reading