US: Eagle Materials Inc, has announced it has entered into a definitive agreement to acquire Bullskin Stone & Lime, an aggregates business located in Western Pennsylvania. The business serves the Pittsburgh and broader Western Pennsylvania markets. The purchase price is US$152.5m, subject to customary post-closing adjustments. The transaction is expected to close by mid-February 2025, subject to the satisfaction of customary closing conditions.
Commenting on the acquisition, Michael Haack, President and CEO, said “The acquisition of Bullskin Stone & Lime further advances Eagle’s long-term growth strategy by adding a pure-play aggregates business that complements and extends our network of aggregates quarries and cement plants and terminals in the region.”
