Amrize to acquire PB Materials, terms not disclosed

Amrize (AMRZ) has entered into an agreement to acquire PB Materials Holdings, Inc., an aggregates business with a complementary ready-mix concrete network in the high growth West Texas region. With over $180M 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.