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Cemex strengthens Israel presence with new acquisition 22 November 2024 Strategic acquisition enhances sustainable construction initiatives (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Cemex has reinforced its commitment to sustainability in... Type: Article Category: Mergers & Acquisitions Breedon Group reports revenue growth in 10M2024 22 November 2024 and progress on reducing covenant leverage. Key achievements included the successful integration of BMC, a strategic acquisition in the U.S., and advancements in sustainability, with its carbon targets validated by SBTi. Breedon expressed confidence in... Type: Article Category: Financial Quikrete in talks to acquire Summit Materials 22 November 2024 Quikrete moves on acquisition (CW Group) Quikrete, a leading provider of packaged concrete and cement mixes, is in advanced discussions to acquire Summit Materials, according to The Wall Street Journal. The deal, expected to be finalized as early as... Type: Article Category: Concrete & Brick US company offers USD 500M to acquire Cementos Bío Bío 21 November 2024 US-based company negotiates significant acquisition proposal (CW Group) US-based Mississippi Lime Company (MLC) has offered nearly USD 500 million to acquire 100 percent of Cementos Bío Bío, a leading Chilean cement producer, reports La Tercera. The... Type: Article Category: Mergers & Acquisitions Anhui Pearl Cement acquires limestone mine 21 November 2024 acquired the Qilin Mountain limestone mine in Xiaopingyang Town, Guangxi, at a reserve price of CNY 146.3 million. The acquisition strengthens the group’s position in resource extraction and infrastructure supply. The mining area holds an estimated... Type: Article Category: Markets & Competition QXO looking to acquire Beacon Roofing 21 November 2024 QXO reportedly bids for Beacon Roofing acquisition (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]QXO, a new entrant in the building-products distribution market, is... Type: Article Category: Other SRM acquires two ready-mix players and granite quarry 21 November 2024 Originally established in the 1950s as a granite monument site, the quarry began crushing aggregates in 2011. This acquisition fills a critical service gap for SRM Materials, according to Ryan Hollingshead, president of the company. In addition to the... Type: Article Category: Aggregates Amcor acquires Berry Global 21 November 2024 is only available to paid subscribers.","link":"1"}]Amcor, a leader in flexible and paper packaging, has announced the acquisition of US-based Berry Global in an all-stock deal valued at USD 8.4 billion. According to Packaging News, this strategic move... Type: Article Category: North America APP Group acquires MSS Holdings 21 November 2024 Strategic acquisition boosts market presence and sustainability efforts (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]APP Group has strengthened its foothold in the South... Type: Article Category: Asia Copper Standard Resources acquires Pucara Gold 21 November 2024 Acquisition of Pucara Gold boosts copper exploration in Peru (CW Group) Copper Standard Resources has completed the acquisition of Pucara Gold, consolidating its copper exploration portfolio in Peru, according to Yahoo! Finance. The move adds three... Type: Article Category: Markets & trade Intercement announces CSN's exclusive negotiating period extension 20 November 2024 of 17 million tons, with plans to expand to 25 million tons. The company has grown in recent years through a robust acquisition strategy, including the purchase of Lafarge Holcim’s Brazilian assets. The negotiations between CSN and Intercement remain... Type: Article Category: Mergers & Acquisitions Vulcan Materials reports strong earnings in 3Q24 19 November 2024 forward, the company remains optimistic, with expectations for full-year adjusted EBITDA to reach USD 2 billion. With the acquisition of Wake Stone Corporation, Vulcan aims to expand its reach and reserve base, continuing its growth trajectory in the... Type: Article Category: Aggregates UltraTech expands EV fleet, aiming to reach 500 EV trucks in 2025 18 November 2024 UltraTech advances eco-friendly logistics strategy with the acquisition of 100 EV trucks to transport clinker (CW Group) UltraTech Cement Limited, India’s largest cement producer, has announced a major expansion of its electric vehicle (EV) fleet,... Type: Article Category: Markets & Competition Sika acquires Chema 18 November 2024 Expansion into Peru's mortar market strengthens Sika's portfolio (CW Group) Sika has successfully completed the acquisition of Chema, a prominent producer of tile-setting materials in Peru. This acquisition strengthens Sika’s position in the growing... Type: Article Category: Other Nigeria's housing deficit reaches 28 million units 18 November 2024 The country’s urban population is expected to grow substantially by 2050, worsening the housing shortage. High land acquisition costs, rising building material prices, and limited access to mortgages further hinder the construction of affordable... Type: Article Category: Construction MSC secures Hamburg port entry approval 18 November 2024 Port acquisition and expansion plans set for MSC’s entry into Hamburg (CW Group) Mediterranean Shipping Co. (MSC) has secured approval for its entry into Hamburg port, as all conditions of the voluntary public takeover offer have been met, according to... Type: Article Category: Ports & handling Artic Paper acquires solar park near Warsaw 18 November 2024 Polish acquisition strengthens Arctic Paper's energy strategy (CW Group) Arctic Paper has acquired a solar park near Warsaw, Poland, according to Lesprom. This move aligns with the company's energy strategy, expanding its renewable energy portfolio to... Type: Article Category: Europe & Central Asia DP World acquires Silk Logistics Holding Limited 15 November 2024 Acquisition of Silk Logistics boosts operations in Oceania (CW Group) DP World Australia has announced its acquisition of Silk Logistics Holdings Limited, marking a significant expansion of its logistics capabilities, according to Ship Management. The... Type: Article Category: Markets & trade Yura pursues stake increase in Cementos Bío Bío 14 November 2024 Yura’s offer includes purchasing at least 53 million shares at a price of USD 1,092 per share (USD 1.11), valuing the acquisition at around USD 59 million. Yura’s bid represents a premium of 58.6 percent over the market price as stated in the Securities... Type: Article Category: Mergers & Acquisitions Hanson Australia rebrands to Heidelberg Materials 13 November 2024 Alex Fraser, and Suncoast Asphalt. Founded as Pioneer in 1949, the company became Hanson Australia in 2004 after its acquisition by Hanson PLC and joined Heidelberg Materials AG in 2007. Copyright CW Group. All rights reserved. Unauthorized distribution... 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