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| Holcim acquires Meyer Material Company in the US Aggregate Industries, a wholly owned subsidiary of Holcim Ltd, has agreed to acquire 100 percent of Meyer Material Company (Meyer) for USD 231 million from U.S. Equity Partners, L.P. and Park Avenue Equity Partners, L.P. Completion of the acquisition is anticipated to occur in July 2006 subject to regulatory approval. Meyer, based near Chicago in Illinois, is a leading supplier of aggregates, ready-mix concrete and concrete paving products. The company's primary markets are located in the Northwestern part of Metropolitan Chicago and Southeastern Wisconsin. Meyer is to be fully integrated into Aggregate Industries' US operations and will be managed as a new region. write your comments about the article :: © 2006 Construction News :: home page |