Amrize Acquires PB Materials to Enhance Aggregates Operations in West Texas

Amrize Ltd, a leading player in the construction industry, has completed the acquisition of PB Materials Holdings, a prominent aggregates business in West Texas. This strategic move strengthens Amrize's position in a region marked by significant growth in infrastructure and commercial projects. PB Materials, known for its substantial reserves and operational sites, integrates 26 new locations into Amrize's network.

The acquisition is part of Amrize’s strategy to expand its aggregates business. It ensures over 50 years of reserves in the region, supporting long-term demand. Financially, the transaction is anticipated to be earnings per share and cash accretive in 2026, with PB Materials generating over $180 million in revenue.

Amrize CEO Jan Jenisch expressed enthusiasm for the expansion, highlighting the company's commitment to growth in North America. The deal aligns with Amrize's objectives to pursue value-accretive mergers and acquisitions in attractive markets. The acquisition also brings 340 employees from PB Materials into the Amrize family, bolstering the company's expert workforce.