Martin Marietta To Purchase Heidelbergcement’s Western U.s. Belongings For $2.3 Billion


The Raleigh, North Carolina-based firm stated it entered an settlement with HeidelbergCement’s U.S. affiliate, Lehigh Hanson Inc, to purchase property together with 17 energetic aggregates quarries and two cement vegetation.

The deal is predicted to shut within the second half of this 12 months and might be accretive to earnings per share within the first full 12 months following closing, Martin Marietta stated.

(Reporting by Derek Francis in Bengaluru; Modifying by Devika Syamnath)

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