AcquisitionsAug 5, 2026, 05:18 PM
Martin Marietta Gets Regulatory Approval for LNA Acquisition
AI Summary
Martin Marietta Materials, Inc. announced it has received all necessary regulatory approvals for its previously announced acquisition of Lhoist North America, Inc. The transaction, valued at $13.5 billion in cash and stock, is now expected to close in the third quarter of 2026, subject to customary closing conditions. Lhoist North America operates a business producing and distributing lime, dolomitic lime, and aggregates in North America.
Key Highlights
- Martin Marietta received all necessary regulatory approvals for the Lhoist North America acquisition.
- The acquisition is valued at $13.5 billion in cash and Martin Marietta common stock.
- The transaction is now expected to close in the third quarter of 2026.
- The acquisition involves Lhoist North America, Inc., a producer of lime, dolomitic lime, and aggregates.
- The Securities Sale Agreement was previously announced on June 27, 2026.
Price Impact
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