Consequential deals cap a year that couldn’t end fast enough

As we closed our 2020 work schedule producing this issue, a slew of post-Thanksgiving developments quickly sealed December as the most consequential month of a year we are pleased to see in the rearview mirror. While absent CRH, HeidelbergCement, LafargeHolcim, Martin Marietta, Summit Materials, Vulcan Materials and other deal catalysts or newsmakers of the past decade, the developments warrant cement,…

Read More

St. Marys, McInnis Cement pursue joint venture

Sources: Caisse de dépôt et placement du Québec, Montreal; CP staff The parent companies of St. Marys Cement Inc., Toronto, and McInnis Cement Inc., Montreal plan to combine their production and distribution assets serving Canada and United States markets from the Atlantic seaboard to the Great Lakes. With respective stakes split 83 percent and 17 percent, their joint venture will…

Read More