Amrize acquires Rapid Redi-Mix
The deal strengthens Amrize's concrete network in the growing Texas market, complementing its aggregates and cement operations.
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Building materials and building envelope solutions provider
amrize.comLast updated
In short: Amrize became an independent company following its spinoff from Holcim, subsequently reporting revenue growth and expanding its footprint.
The deal strengthens Amrize's concrete network in the growing Texas market, complementing its aggregates and cement operations.
The modernization will introduce state-of-the-art efficiency, expand capacity by 300,000 tonnes, and reduce carbon emissions by over 40%.
The program will run until May 5, 2027, with shares repurchased for cancellation.
Building Materials revenue grew 12.9%, while Building Envelope faced soft demand. The company completed the PB Materials acquisition and declared a $0.11 dividend.
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Amrize (AMRZ) has entered into an agreement to acquire Rapid Redi-Mix LLC, a fast growing concrete producer in the Dallas-Fort Worth metro area. With a...
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