Markets.News
On February 10, 2025, Summit Materials, Inc. (NYSE: SUM), a prominent producer of aggregates and cement, finalized its agreement to be acquired by Quikrete Holdings, Inc. The acquisition marks a significant move in the industry. Summit Materials is well-known for its contributions to the construction sector, and the acquisition by Quikrete Holdings, Inc. solidifies their position in the market. This merger will have a notable impact on both companies' operations and is expected to shape the future of the construction materials sector.