Martin Marietta And Quikrete Swap Assets; Martin Marietta Buys Premier Magnesia, Raises 2025 Outlook

Martin Marietta Materials, Inc. (NYSE:MLM) is among the 13 Best Magnesium Stocks to Invest in Now. Martin Marietta Materials, Inc. (NYSE:MLM) and Quikrete Holdings have reached a final asset exchange agreement. The firm will receive $450 million in cash in along with aggregates businesses that produce 20 million tons a year in Virginia, Missouri, Kansas, and Vancouver. Its Midlothian cement the manufacturing facility, cement terminals, and North Texas ready-mix assets will all be purchased by Quikrete. The transaction is expected to finalize in the first quarter of 2026, assuming approvals. The company strengthened its line of products based on magnesia by completing the acquisition of Premier Magnesia, LLC on July 25, 2025.

According to Martin Marietta Materials, Inc. (NYSE:MLM)’s Chair and CEO Ward Nye, the actions are in line with the SOAR 2025 plan and will improve long-term profits by shifting the company’s focus to bolt-on acquisitions and aggregates-led operations. The business projects $1.81 billion in Q2 2025 sales, $328 million in net earnings, and $630 million in adjusted EBITDA. Strong performance led to a hike in the full-year 2025 Adjusted EBITDA estimate to $2.30B, which included Premier’s contributions.

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