Amrize to Acquire PB Materials in West Texas Expansion

CHICAGO — Amrize has entered into a definitive agreement to acquire PB Materials Holdings, Inc., a leading aggregates producer with a complementary ready-mix concrete network serving the fast-growing West Texas region. The acquisition advances Amrize’s long-term growth strategy while strengthening its position in one of North America’s most active construction markets.

The transaction is expected to add more than 50 years of aggregates reserves in West Texas, providing long-term material supply to support rising demand driven by infrastructure development, energy investment, data center construction, and commercial growth across the region. Upon completion, PB Materials will contribute 26 operational sites to Amrize’s existing network, further extending the company’s presence throughout Texas and the broader Southern region.

PB Materials generates more than $180 million in annual revenue, and Amrize expects the transaction to deliver significant operational synergies with its existing aggregates and building materials business. The acquisition is projected to be earnings per share and cash accretive in 2026, reinforcing Amrize’s financial outlook while enhancing its ability to serve customers across multiple construction sectors.

Jan Jenisch, Chairman and CEO of Amrize, emphasized the strategic importance of the deal, saying, “I am excited to be expanding our aggregates business to the high growth West Texas region. Today’s milestone is an important step in our strategy of investing for growth in North America’s most attractive markets. I have great respect for the leadership and expertise of PB Materials and look forward to welcoming their 340 talented teammates to the Amrize family.”

PB Materials brings decades of regional expertise and a well-established footprint across West Texas and southeastern New Mexico. The company was formed through the combination of Wallach Concrete, Highland Concrete, and Crockett County Mining, businesses that collectively trace their roots back to 1947. Their strategically located aggregate and ready-mix facilities are designed to minimize transportation costs while ensuring reliable delivery and strong customer service.

Christopher Crouch, CEO of PB Materials, highlighted the shared values between the two companies, stating, “We are proud to join Amrize and be part of a leading company that is shaping the future of building in America. Amrize shares our dedication to employees, customers, and the communities we operate in and we will continue to serve customers across our region with high quality products and services.”

The transaction is expected to close in the first half of 2026, subject to customary closing conditions and regulatory approvals.

Following the acquisition, Amrize will continue to operate PB Materials’ sites as part of its broader aggregates and building materials platform, supporting growth across infrastructure, residential, commercial, and industrial construction markets. Company officials say the expanded footprint positions Amrize to meet sustained regional demand while maintaining reliable supply chains and customer service.

Originally reported by Business Wire.