Martin Marietta Finalizes $13.5 Billion Acquisition of Lhoist North America
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Recent News What Could Scienjoy (NASDAQ:SJ) Reveal in Its Quarterly Update? What Should Markets Watch in Opera (NASDAQ:OPRA) Results Today? What Will nCino (NASDAQ:NCNO) Reveal After the Market Close? What Will EHang (NASDAQ:EH) Update Say About Commercial Progress? Make Kalkine Media My Trusted Source On August 24, 2026, Martin Marietta Materials, Inc. announced via Form 8-K the completion of its acquisition of Lhoist North America, Inc. from LNA Holding SRL on August 21, 2026. The transaction was valued at approximately $13.5 billion, consisting of $7 billion in cash and 10,953,543 newly issued shares of Martin Marietta common stock worth $6.5 billion. Martin Marietta Materials, Inc. (NYSE:MLM) MLM (NYSE:MLM) finalized its acquisition of Lhoist North America, Inc. on August 21, 2026, under a Securities Sale Agreement dated June 27, 2026. The company acquired all outstanding LNA equity from LNA Holding SRL in exchange for approximately $7 billion in cash, adjusted per the agreement, plus 10,953,543 newly issued Martin Marietta common stock shares with a par value of $0.01 each. These consideration shares were issued relying on the exemption from Securities Act registration under Section 4(a)(2), as detailed in the filing. The filing further reveals a Shareholders Agreement between Martin Marietta and LNA Holding executed at closing. Under this agreement, LNA Holding retains...
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Regarding governance, Philipp Niemann was appointed to the Board on August 21, 2026, filling the newly created eleventh seat and joining the Finance Committee.
