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Stock impact report

Amrize Closes Acquisition of PB Materials; Aggregates Leader in High-Growth West Texas

Amrize Ltd Ordinary Shares (AMRZ) 
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Amrize (NYSE: AMRZ) has successfully completed the acquisition of PB Materials Holdings, Inc., the leading aggregates business with a complementary ready-mix concrete network in the high-growth West Texas region.Part of Amrize’s profitable growth strategy, this acquisition strengthens the company’s aggregates business, adding over 50 years of aggregates reserves in West Texas to serve long term demand. PB Materials adds 26 operational sites into Amrize’s network, extending its operations throughout Texas and the Southern region as infrastructure, energy projects, data centers and commercial investments drive construction growth.With over $180 million in revenues, strong earnings and significant synergies with Amrize’s existing operations, the acquisition of PB Materials is expected to be EPS and cash accretive in 2026.Jan Jenisch, Chairman and CEO of Amrize: “I welcome the 340 talented teammates from PB Materials to the Amrize family. We are excited to be Show less Read more
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