Martin Marietta strengthens construction material supplies with deal for Blue Water units [Reuters]
BLUE WATER VENTURES INC (BWVI)
NASDAQ:AMEX Investor Relations:
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Source: Reuters
Feb 12 (Reuters) - Building material supplier Martin Marietta (MLM.N) , opens new tab said on Monday it would acquire 20 active aggregates operations of Blue Water Industries for $2.05 billion in cash. Blue Water, an aggregate and asphalt producer as well as a paving contractor located in the southeastern U.S., will continue to operate its aggregates operations in North Carolina and central Florida and its marine terminal business. Construction aggregates are raw materials that are extracted from quarries and pits such as sand, gravel and crushed stones. Ad Break Coming Up NEXT Stay Next Off English 180p 288p 360p 480p 540p 576p 720p HD 1080p HD Auto (180p) About Connatix V427133 About Connatix V427133 Skip Ad Continue watching after the ad Visit Advertiser website GO TO PAGE The transaction is expected to close later this year, the companies said. Martin Marietta, which is expected to announce its fourth-quarter results lat
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