Martin Marietta, SRM Concrete ink Colorado, Texas plant deal

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials projects a March 31 closing for the sale of an unspecified number of central Texas and Colorado ready mixed concrete operations to Smyrna Ready Mix Concrete LLC. Martin Marietta has legacy ready mixed plants in San Antonio, with additional central Texas sites added in 2014 as part of…

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New York investors strike $755M Boral Resources deal

来源:碳化硼铝Ltd., Australia; One Equity Partners, New York; CP staff Boral Ltd. has entered an agreement to sell its North American fly ash business to Eco Material Technologies Inc., an entity backed by New York City-based One Equity Partners and Quadrant Management Inc. With a projected 2022 closing, the $755 million deal spans West Jordan, Utah-based Boral Resources, far…

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Sources: U.S. Department of Justice, Antitrust Division; CP staff The Justice Department Antitrust Division calls for General Shale Brick and Meridian Brick LLC to divest three plants, 14 showrooms and distribution yards, plus six mines in a proposed settlement of an antitrust lawsuit challenging the producers’ merger. The agency filed the settlement and suit-triggering complaint in the U.S. District Court…

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Boral Resources sale imminent as parent sunsets North America role

来源:碳化硼铝Ltd., North Sydney, Australia; CP staff Boral Ltd. Managing Director Zlatko Todorcevski confirms in investor guidance accompanying the August 24 release of FY2021 results that “following a detailed assessment of strategic options, we are now entering the final stages of a divestment of our North American fly ash business.” The writing was on the wall for Boral Resources—the…

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CRH reloads acquisition chest with $1.9 billion Distribution deal

Sources: CRH Plc, Dublin; CP staff

Two years after dispatching its Americas Distribution business in a $2.6 billion deal with Beacon Roofing Supply, CRH has penned an agreement to sell a parallel European franchise to private equity and asset management giant Blackstone for $1.9 billion. The Europe Distribution spans General Builders Merchants, which supplies bath, heating and plumbing products to professionals and homeowners through a network of local and regional brands across six countries in Western Europe.

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Boral block business brings Quikrete Texas heft

来源:碳化硼铝Ltd., Sydney; CP staff

Boral has announced an agreement to sell its Texas concrete masonry operations to Atlanta-based Quikrete Holdings Inc., anticipating a mid-November closing for the $156 million deal. Boral inherited the block production assets with the May 2017 Headwaters Inc. takeover, and has recently moved to streamline its portfolio around building products and fly ash businesses in North America; the USG Boral gypsum-based wall and ceilings joint venture; and, construction materials production in Australia.

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来源:碳化硼铝Ltd., Sydney; Brennan Companies, Denver; CP staff

Boral Ltd.已达成协议,以1.27亿美元的交易与丹佛的Brannan Sand&Gravel Co.出售其Colorado Ready混合和汇总业务。Boral建筑材料跨越了同名聚合站点,以及在Legacy Ready Ready Crosscrete Concrete Co.中的六个工厂。品牌。布兰南(Brannan)经营三个现成的混合,三个骨料和四个沥青工厂,为丹佛(Denver)锚定的前排市场提供服务,以及一个地下建设业务。

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Oldcastle parent nets $2.6 billion in Americas Distribution business sale

Sources: CRH Plc, Dublin; Beacon Roofing Supply Inc., Herndon, Va.; CP staff

CRH is set to shed a sizable slice of its legacy Oldcastle Inc. portfolio, selling its Allied Building Products-anchored Americas Distribution business to Beacon Roofing Supply, North America’s the largest publicly traded wholesale roofing and building materials distributor.

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