08:09 AM EST, 12/11/2024 (MT Newswires) -- Vulcan Materials ( VMC ) said Wednesday it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, a building materials company in Southern California.
Financial details of the transaction were not disclosed, although Vulcan said it will add six aggregates operations with over 50 years of aggregates reserves to its California franchise, as well as two asphalt plants and 13 ready-mixed concrete locations.
The transaction is expected to close by year-end, subject to customary closing conditions, Vulcan added.