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Summit Materials Announces Expiration of the Competition Act (Canada) Waiting Period for Acquisition by Quikrete

Provided By PR Newswire

Last update: Jan 9, 2025

DENVER, Jan. 9, 2025 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials" or the "Company"), a leading producer of aggregates and cement, today announced the expiration of the waiting period under the Competition Act (Canada), as amended, in connection with Summit's previously announced definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete" or the "Purchaser") for $52.50 per share in cash (the "Merger").

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