Vulcan Materials (VMC) announced that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete. This value-enhancing acquisition will add six aggregates operations with more than 50 years of quality aggregates reserves to Vulcan’s California franchise. California ranks as the most populous state in the U.S. and the second largest aggregates market. Superior will also enhance Vulcan’s customer service capabilities in Southern California with two asphalt plants and thirteen ready-mixed concrete locations. The transaction is expected to close by the end of this year, subject to customary closing conditions.
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