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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