Martin Marietta Completes Acquisition Of Lehigh Hanson’S West Region Business
Acquiring Company
Martin Marietta Materials
Acquired Company
Lehigh Hanson
RaleighManufacturingAgriculture and FarmingMiningBuilding MaterialDescription
Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it successfully completed its previously announced acquisition of Lehigh Hanson, Inc.’s West Region business (“Lehigh West Region”) for $2.3 billion in cash. Consistent with the Company’s SOAR (Strategic Operating Analysis and Review) 2025 Plan, the acquisition provides the Company with 17 active aggregates facilities, two cement plants and related distribution terminals, and targeted downstream operations serving key California and Arizona regions including the Bay Area, Los Angeles, San Diego and Phoenix.
Quick answer
Martin Marietta Materials is acquiring Lehigh Hanson, announced October 2, 2021. Martin Marietta Materials is based in Raleigh, North Carolina, United States.
- How much did Martin Marietta Materials pay for Lehigh Hanson?
- The deal value was not disclosed.
- What does Martin Marietta Materials do?
- Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready-mixed concrete and asphalt.
- Where are Martin Marietta Materials and Lehigh Hanson based?
- Martin Marietta Materials is based in Raleigh, North Carolina, United States.
- Who are the decision-makers at Martin Marietta Materials?
- Fundz holds 2 contacts at Martin Marietta Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Martin Marietta Materials, and when
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Frequently asked
Who acquired Lehigh Hanson?
Lehigh Hanson was acquired by Martin Marietta Materials, based in Raleigh. The deal was reported on October 2, 2021. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready-mixed concrete and asphalt. Martin Marietta Materials is publicly traded (MLM) and operates in Manufacturing.
When did Martin Marietta Materials acquire Lehigh Hanson?
Martin Marietta Materials's acquisition of Lehigh Hanson was reported on October 2, 2021. Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it successfully completed its previously announced acquisition of Lehigh Hanson, Inc.’s West Region business (“Lehigh West Region”) for $2.3 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lehigh Hanson do?
Official site of Lehigh Hanson, supplier of cement, aggregates, ready mixed concrete, asphalt and other building materials to markets throughout North America. It is privately held.
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