JACKSONVILLE, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Blue Water Industries LLC announced today it has entered into a definitive agreement with Martin Marietta Materials, Inc. (NYSE:MLM) under which Martin Marietta will acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from Blue Water Industries' affiliate ("BWI Southeast") for $2.05 billion in cash.
Blue Water Industries is a privately-held, pure-play construction aggregates producer in the United States. Its footprint spans seven states, including Florida, Tennessee, North Carolina, South Carolina, Alabama, Mississippi, and Virginia, and serves some of the fastest ...