The past decade’s top two mergers in North American cement, aggregate and concrete—Lafarge Group + Holcim Ltd. and HeidelbergCement AG + Italcementi S.p.A.—have spurred realignment of markets up the Atlantic Seaboard, across the Great Lakes and down the Mississippi. Of all the markets those deals and their asset divestitures impacted, none stands out quite like Toronto, where a case study…
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