US building solutions provider Amrize has entered into an agreement to acquire PB Materials Holdings, an aggregates business with a complementary ready-mix concrete network in the high growth West Texas region.
Amrize says the acquisition is part of its profitable growth strategy, and will strengthen the company’s aggregates business, adding over 50 years of aggregates reserves in West Texas to serve long term demand.
PB Materials will add 26 operational sites into Amrize’s network, extending its operations throughout Texas and the Southern region as infrastructure, energy projects, data centers and commercial investments drive construction growth.
With over US$180m in revenues, strong earnings and significant synergies with Amrize’s existing operations, the acquisition of PB Materials is expected to be EPS and cash accretive in 2026.
Jan Jenisch, chairman and CEO of Amrize, commented: “I am excited to be expanding our aggregates business to the high growth West Texas region. Today’s milestone is an important step in our strategy of investing for growth in North America’s most attractive markets. I have great respect for the leadership and expertise of PB Materials and look forward to welcoming their 340 talented teammates to the Amrize family.”
Christopher Crouch, CEO of PB Materials, added: “We are proud to join Amrize and be part of a leading company that is shaping the future of building in America. Amrize shares our dedication to employees, customers, and the communities we operate in and we will continue to serve customers across our region with high quality products and services.”
Expected to close in the first half of 2026, the acquisition is subject to customary closing conditions.
