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.

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Summit Materials said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials.

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. The details Privately held Quikrete is ...

Summit Materials (SUM) said Monday it agreed to be acquired and taken private by packaged concrete manufacturer Quikrete Holdings in a deal with an enterprise value of about $11.5 billion ...

The $9.2 billion debt package to help finance Quikrete Holdings Inc.’s acquisition of Summit Materials Inc. is a sign that a long-awaited Wall Street wish could soon come true: the return of big ...

In exchange, Quikrete will receive the Company’s Midlothian cement plant, related cement terminals and North Texas ready-mixed concrete assets.