Nov. 25, 2024 – While it was previously announced that Summit Materials and Quikrete were in acquisition discussions, it is now a done deal, subject of course to Summit shareholder approval, regulatory approvals and other customary closing conditions. Summit will be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5…
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Quikrete Eyes Summit Materials
Oct. 25, 2024 – The industry is buzzing with the news that Quikrete has approached Summit Materials with an acquisition offer. Summit Materials, in a posting on its website, reported that “it has received a non-binding acquisition proposal. The company has held initial discussions with the interested party, and, in consultation with its advisors, Summit’s board of directors will carefully…
Read MoreRyon Joins R.W. Sidley
Tim Ryon recently joined R.W. Sidley, Thompson, Ohio, as the aggregates and mining operations manager. He has always had a passion for mining, and combined with his past experience with Quikrete, he is excited about the opportunities that lie ahead in expanding aggregate sales. He is originally from a small town outside of Scranton, Pa. He graduated from Ohio Wesleyan University…
Read MoreStockpile Reports Measures More Than $2 Billion of Aggregates
Stockpile Reports (StockpileReports.com), an online image-based stockpile inventory-management platform, announced that it has secured more than 100 customers worldwide and measured more than $2 billion of aggregates since the launch of its service in 2013. Marquee customers include the Texas Department of Transportation, CEMEX, Quikrete and Lane Construction.
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