Concrete supplier Quikrete is buying rival Summit Materials, in a deal valued at $11.5 billion that will capitalize on high demand for building materials, the company said in a statement Nov. 25.

Privately held concrete-maker Quikrete is buying rival Summit Materials (SUM) in an all-cash deal valued at $11.50 billion. Unlock your investing potential with TipRanks Premium - Now At 40% OFF!

Privately held Quikrete approached Summit with an acquisition offer in October, Reuters had reported. The concrete maker's $52.50 per share offer represents an about 29.2% premium to Summit's ...

Quikrete, the largest cement maker in the U.S., announced Monday plans to buy Summit Materials Inc. for $11.5 billion ahead of a potential rise in construction activity as the cost of financing ...

From the original yellow bag of premixed concrete, today Quikrete's portfolio of brands includes Quikrete, Spec Mix, Rinker Materials, U.S. Pipe, Contech Engineered Solutions, Keystone Hardscapes ...

Quikrete, the privately held Sandy Springs concrete and cement company, will buy Denver-based Summit Materials in a deal worth more than $11 billion, including assumed debt. Quikrete is the top ...

Founded in 1940, Atlanta, Georgia-based Quikrete is one of the biggest manufacturers of packaged concrete and cement mixes in North America. Denver, Colorado-based Summit Materials is a provider ...

Quikrete Holdings has struck a $9.2 billion deal to acquire Summit Materials, bringing together two of the biggest makers of building materials in the U.S. Privately held Quikrete is expected to ...