mergers and acquisitions
Martin Marietta shares expectations for 2015
Nonresidential construction is expected to increase. Residential construction should continue to grow. Energy-related economic activity is anticipated to remain strong. And highway funding should remain stable. Taking these factors into account, Martin Marietta expects its business to increase this year… Keep Reading
Lafarge, Holcim form executive committee for future company
Lafarge and Holcim took a step to complete the merger of their companies, naming members of its future executive committee. According to Lafarge, Bruno Lafont, who will serve as CEO of the combined company, will head a project team of… Keep Reading
Vulcan completes California quarry acquisition
Vulcan Materials Co. acquired West Coast Aggregates' Pilarcitos Quarry near Half Moon Bay, Calif., the Half Moon Bay Review reports. The sale is reportedly part of a deal for four quarries between Vulcan and West Coast Aggregates. The amount paid… Keep Reading
Lafarge-Holcim merger closer to completion
The European Commission found the proposed merger between Lafarge and Holcim to be in line with the European Union's merger regulation. According to the commission, the decision is conditional upon the divestment of Lafarge businesses in Germany, Romania and the… Keep Reading
L.G. Everist acquires Iowa producer
L.G. Everist Inc. acquired Higman Sand and Gravel, an Akron, Iowa, aggregate producer. According to The Akron Hometowner, L.G. Everist will keep Higman's employees. L.G. Everist has operations in Iowa, South Dakota, Minnesota, Kansas and Colorado, the Akron Hometowner reports.… Keep Reading
Breckenridge Material’s parent company acquires limestone quarries
BMC Enterprises Inc., the parent company of St. Louis-based ready-mix concrete producer Breckenridge Material Co., acquired four APAC-Missouri aggregate assets. The assets BMC acquired are two operational limestone quarries – the Wright City Quarry and Defiance Quarry – and two… Keep Reading
Texas-based Damron Sand & Gravel acquired
PB Materials Holdings Inc. completed the acquisition of Damron Sand & Gravel, a sand-and-gravel producer based in the Lubbock, Texas, area. According to PB Materials, the acquisition expands its existing aggregate and ready-mix concrete operations in west Texas and eastern… Keep Reading
Acquisition contributes to Martin Marietta’s quarterly growth
Martin Marietta Materials Inc. released its third-quarter results, reporting a 53 percent growth in net sales that's due in large part to the acquisition of Texas Industries Inc. "Third-quarter 2014 results reflect the acquisition of TXI, the benefits of our… Keep Reading
Sand-and-gravel producer acquired in Eagle Ford region
Oklahoma-based Harrison Gypsum acquired The Gravel Co., an aggregate producer located in south Texas. According to a press release, the company will do business as ACG Materials. The Gravel Co. operates from seven locations, producing sand and gravel, limestone and… Keep Reading
