Divestiture/carve-outJun 29, 2026Completed
🇺🇸 United States
LNLhoist North America, Inc.MMMartin Marietta Materials, Inc.
Materials & Chemicals › Construction Materials
Enterprise value$13.5BEnterprise value
AnnouncedJun 29, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Martin Marietta entered into a definitive agreement to acquire Lhoist North America from Lhoist Group for about $13.5 billion, paid with $7.0 billion in cash and $6.5 billion in Martin Marietta common stock.
Deal rationale
The deal advances Martin Marietta's SOAR 2030 goal of expanding its Specialties platform, makes it the leading U.S. lime and limestone producer with long-lived reserves, and is expected to be accretive to earnings and margins.
AI-generated from the SEC filingCompletedMaterials & Chemicals › Construction MaterialsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $13.5B | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
GSGoldman Sachs
Sell-side
BPBNP ParibasJPJ.P. MorganRRothschild & Co
Parties
Target
LNLhoist North America, Inc.
- Headquarters
- United States
- Ticker
- —
Seller
LLhoist Group
- Headquarters
- —
- Ticker
- —