Troutman Pepper Advises Client Quikrete on $11.5B Acquisition of Summit Materials
November 27, 2024
November 27, 2024
ATLANTA, Georgia, Nov. 27 -- Troutman Pepper, a law firm, issued the following news on Nov. 26, 2024:
Troutman Pepper client Quikrete Holdings, Inc. announced today it has entered into a definitive agreement to acquire Summit Holdings, Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction combines Summit's leading aggregates, cement, and ready-mix concrete businesses with Quikrete's leading concrete and cement . . .
Troutman Pepper client Quikrete Holdings, Inc. announced today it has entered into a definitive agreement to acquire Summit Holdings, Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction combines Summit's leading aggregates, cement, and ready-mix concrete businesses with Quikrete's leading concrete and cement . . .