Vulcan Materials Company announced on December 11, 2024, that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P. This acquisition is set to significantly enhance Vulcan's California franchise, a state recognized as the most populous in the U.S. and the second-largest aggregates market.
The acquisition will add six aggregates operations to Vulcan's portfolio, providing more than 50 years of quality aggregates reserves. Furthermore, Superior Ready Mix will bolster Vulcan's customer service capabilities in Southern California by including two asphalt plants and thirteen ready-mixed concrete locations.
This strategic move aligns with Vulcan's aggregates-led growth strategy, focusing on expanding its reach into attractive regions within the United States. The transaction is expected to close by the end of 2024, subject to customary closing conditions, reinforcing Vulcan's market leadership and operational footprint.
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