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Martin Marietta to buy Bluegrass Materials for $1.63 bln
June 26, 2017 / 11:20 AM / 5 months ago

Martin Marietta to buy Bluegrass Materials for $1.63 bln

June 26 (Reuters) - Building materials supplier Martin Marietta Materials Inc said on Monday it agreed to buy construction material producer Bluegrass Materials Co for about $1.63 billion in cash.

Bluegrass Materials makes aggregates and concrete blocks.

Martin Marietta said it expected the deal to close in the fourth quarter. (Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D‘Silva)

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