tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Taiheiyo Cement Delays Closing of CalPortland’s Acquisition of Vulcan Ready-Mix Assets to First Half of 2026

Story Highlights
  • Taiheiyo Cement, via U.S. unit CalPortland, is expanding in ready-mixed concrete to strengthen its construction materials business.
  • The acquisition of Vulcan’s California ready-mix assets is delayed to first-half 2026 after a DOJ Second Request under the HSR Act.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Taiheiyo Cement Delays Closing of CalPortland’s Acquisition of Vulcan Ready-Mix Assets to First Half of 2026

Claim 70% Off TipRanks This Holiday Season

Taiheiyo Cement ( (JP:5233) ) has issued an update.

Taiheiyo Cement has announced a change in the expected closing schedule for its U.S. subsidiary CalPortland Company’s planned acquisition of ready-mixed concrete business assets in California from Vulcan Materials Company. CalPortland received a “Second Request” for additional information from the U.S. Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act, a standard part of antitrust review for transactions of this type, which has delayed the expected closing from December 2025 to sometime in the first half of 2026. The company emphasized that completion of the deal remains subject to the expiration or termination of the HSR waiting period and other closing conditions, and it intends to fully cooperate with regulators to complete the transaction as promptly as possible, underscoring the strategic importance of this acquisition for its U.S. ready-mixed concrete operations.

The most recent analyst rating on (JP:5233) stock is a Hold with a Yen4111.00 price target. To see the full list of analyst forecasts on Taiheiyo Cement stock, see the JP:5233 Stock Forecast page.

More about Taiheiyo Cement

Taiheiyo Cement Corporation is a Japan-based cement manufacturer that operates globally, including through its U.S. subsidiary CalPortland Company. The group is engaged in the production and supply of cement and related materials, and it has been expanding its presence in the ready-mixed concrete market, particularly in the United States, to strengthen its construction materials value chain.

Average Trading Volume: 527,701

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen438.6B

For a thorough assessment of 5233 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1