Martin marietta to divest south texas cement and related concrete operations to crh plc

Raleigh, n.c., nov. 21, 2023 (globe newswire) -- martin marietta materials, inc. (nyse: mlm) (“martin marietta” or the “company”) today announced that it has entered into a definitive agreement to sell its south texas cement business and certain of its related concrete operations to crh americas materials, inc., a subsidiary of crh plc, for $2.1 billion in cash. more specifically, the facilities to be divested include the hunter cement plant in new braunfels, related cement distribution terminals and 20 concrete plants serving the austin and san antonio region.
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