Vulcan Materials Acquires U.S. Concrete in $1.294 Billion Deal
June 7, 2021
Vulcan Materials Company entered into a definitive merger agreement to buy U.S. Concrete, Inc. for $74 per share in cash, valuing the equity at about $1.294 billion. The boards approved the deal, which is expected to close in the second half of 2021 subject to U.S. Concrete shareholder approval and regulatory clearance.
- Buyers
- Vulcan Materials Company
- Targets
- U.S. Concrete, Inc.
- Industry
- Construction
- Location
- Texas, United States
- Transaction Type
- Buyout
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