Martin Marietta to acquire Lhoist North America for US$13.5bn
Martin Marietta Materials has agreed to combine with Lhoist North America in a transaction valued at US$13.5bn in cash and common stock. Lhoist North America is a subsidiary...
Martin Marietta Materials
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Martin Marietta strengthens leadership with SOAR 2030
The company's margin expansion will be driven by strategic asset swaps with Quikrete and operational efficiency with 2Q25 aggregates gross profit advancing nine per cent to US$...
Martin Marietta Materials acquires Premier Magnesia
Premier Magnesia is a producer of magnesia-based products with operations in Nevada, North Carolina, Indiana and Pennsylvania. The deal is expected to shape a higher margin...
Grupo UNACEM completes Tehachapi acquisition
Grupo UNACEM has successfully completed the acquisition of the 0.9Mta Tehachapi integrated cement plant, located in California, USA. This significant milestone enables the P...
UNACEM to acquire Tehachapi plant
Peru-based Grupo UNACEM is buying the 0.9Mta Tehachapi cement plant in California, USA, from Martin Marietta Materials Inc for US$317m. "The acquisition of Tehachapi repre...
Martin Marietta Materials Inc enters into agreement to sell Redding plant
Martin Marietta Materials Inc announced that it has entered into a definitive agreement to sell certain West Coast cement and ready-mixed concrete operations to CalPortland Com...
Martin Marietta completes Lehigh West Region acquisition
US-based Martin Marietta Materials Inc has successfully completed the acquisition of Lehigh Hanson’s West Region business for US$2.3bn. The acquisition provides the company w...
HeidelbergCement sells US West region assets to Martin Marietta
As part of its portfolio optimisation and margin improvement programme in its North American business, HeidelbergCement has signed an agreement to sell its business activities...
Martin Marietta reports record adjusted EBITDA
USA-based Martin Marietta Materials reported a 0.3 per cent increase in cement shipments for the first quarter ended 31 March 2021, despite the winter storm that shut down the ...
Cement industry and the COVID-19 crisis
This week has seen growing action and concern from the construction and cement sectors on how best to fight off the coronavirus (COVID-19), which was declared a pandemic on 11 ...