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Eagle Materials to Acquire Bullskin Stone & Lime for $152.5M
Eagle MaterialsEagle Materials(US:EXP) ZACKS·2024-12-11 16:31

Eagle Materials Inc. (EXP) has entered into a definitive agreement to acquire Bullskin Stone & Lime, LLC for a purchase price of $152.5 million.The acquisition of this pure-play aggregates business located in Western Pennsylvania will expand EXP’s market reach in the Pittsburgh and Western Pennsylvania markets. The closure of this strategic transaction is expected in the next 60 days, subject to the satisfaction of customary closing conditions.Per Michael Haack, Eagle Materials’ president and CEO, “The acqu ...