US EditionMartin Marietta's Strategic Shift: $450m Asset Exchange Deal Plus Raised 2025 Guidance Signals Major Growth
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Martin Marietta, Quikrete to trade operational assets | Pit & Quarry
Nye Martin Marietta and Quikrete Holdings came to terms on a deal whereby the two will trade an assortment of construction materials assets. Under the terms of the agreement, Martin Marietta will receive aggregate operations producing about 20 million tons annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million in cash. In exchange, Quikrete will receive Martin Marietta’s Midlothian cement plant, related c…
Martin Marietta restructures portfolio with Quikrete deal, acquires Premier Magnesia, and raises 2025 EBITDA guidance to $2.30B. See full strategic impact.
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