Argos North America and Summit Materials Combine to Create a Stronger Force in the U.S. Construction Materials Industry

ALPHARETTA, Ga.--(BUSINESS WIRE)--Cementos Argos today announced it has entered into a definitive agreement with Summit Materials, Inc. (NYSE:SUM) under which the U.S. operations of Cementos Argos, Argos North America Corp, will combine with Summit in a cash and stock transaction valued at $3.2 billion. “This combination accelerates the strategic growth plans for both Argos North America and Summit,” said Simon Bates, CEO of Argos North America. “As a result of the combination, our ability to s