Martin Marietta to Acquire Lhoist North America for $13.5B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2026
0mins
Martin Marietta has agreed to acquire Lhoist North America in a $13.5B deal funded with roughly $7B in cash and $6.5B in stock, The Wall Street Journal's Lauren Thomas reports. According to people familiar with the transaction, a transaction could be announced as soon as Monday morning.
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Analyst Views on MLM
Wall Street analysts forecast MLM stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 605.300
Low
605.00
Averages
693.20
High
758.00
Current: 605.300
Low
605.00
Averages
693.20
High
758.00
About MLM
Martin Marietta Materials, Inc. is a supplier of aggregates and other building materials. The Company provides magnesia and dolomitic lime products used globally in environmental, industrial, agricultural, and other specialty applications. It supplies aggregates (crushed stone, sand and gravel) through its network of approximately 400 quarries, mines, and distribution yards in 28 states, Canada and The Bahamas. It also provides other building materials, namely, cement, ready mixed concrete, asphalt, and paving services. Its heavy-side building materials are used in infrastructure, nonresidential and residential construction projects. Its Aggregates are also used in agricultural, utility, and environmental applications and as railroad ballast. The Company operates through two segments, which include East Group and West Group. The East Group comprises the East and Southwest divisions. The West Group comprises the Central and West divisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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