Brussels-based Titan Cement International S.A. has informed investors of an initial public offering of shares in Titan America, which reported $1.6 billion in 2023 cement, supplementary cementitious material, aggregate and ready mixed concrete sales across coastal Mid-Atlantic and Southeast operations. With a projected early-2025 completion on a Wall Street exchange, the IPO would span a sizable stake in Norfolk, Va.-based…
Read MoreTag: London Stock Exchange
BMC Enterprises becomes U.S. gateway for U.K. operator Breedon
Sources: Breedon Group Plc, Derby, United Kingdom; CP staff London Stock Exchange-traded aggregate, cement, concrete and masonry producer Breedon Group plans an early-March closing of a $300 million deal for St. Louis-based BMC Enterprises Inc. The transaction affords the suitor a North American market platform with 44 ready mixed concrete and five precast plants, plus five crushed stone and seven…
Read MoreCRH shareholders on board with New York Stock Exchange move
Sources: CRH Plc, Dublin; CP staff Shareholders have overwhelmingly approved a board and management team recommendation to switch the CRH Plc primary securities listing from the London Stock Exchange to the New York Stock Exchange. “We are pleased to see such strong support for the transition as it marks an important milestone in our development, and will enable CRH to…
Read MoreCement Roadstone’s Wall Street destiny
CRH Plc guidance on 2022 performance—to which Americas Materials Solutions and Building Solutions segments comfortably contributed—offers some of the most definitive U.S. and Canadian market aspirations we’ve heard from the company during its 45 years of mining aggregate, milling cement, bagging dry mix, fabricating precast, molding masonry and delivering ready mixed concrete or asphalt this side of the pond. The…
Read More