FX.co ★ Vulcan Materials To Acquire Wake Stone

Vulcan Materials Company (VMC) announced it has reached an agreement to acquire Wake Stone Corporation, a prominent aggregates supplier in the Carolinas.

Tom Hill, Vulcan's Chairman and Chief Executive Officer, stated, "We eagerly anticipate welcoming Wake Stone to the Vulcan family. Since its establishment in 1970, Wake Stone has developed a leading aggregates franchise that aligns closely with Vulcan's values."

The transaction is anticipated to finalize later this year, pending the fulfillment of customary closing conditions.