Summit Materials Scooped Up: Quikrete Strikes $11.5 Billion Deal To Cement Industry Presence – Yahoo Finance
In a major move to solidify its presence in the cement industry, Quikrete has struck a $11.5 billion deal to acquire Summit Materials. The acquisition is set to have a significant impact on the market, as Quikrete seeks to expand its reach and cement its position as a key player in the industry. This acquisition marks a strategic move for Quikrete, as it looks to strengthen its foothold in the competitive market. The deal is expected to bring about new opportunities for growth and development within the company, as well as provide a strong foundation for future success in the industry.