Amrize (NYSE:AMRZ) announced on January 6, 2026, a definitive agreement to acquire PB Materials Holdings, the premier aggregates and ready-mix concrete provider in the high-growth West Texas region.
The move is a cornerstone of Amrize's "profitable growth" strategy, significantly bolstering its footprint in the Permian Basin as industrial and infrastructure projects continue to surge.
The acquisition integrates 26 operational sites into Amrize’s existing Southern network, adding more than 50 years of high-quality aggregates reserves.
These reserves are essential for long-term supply stability as the region sees a massive influx of investment in data centers, energy infrastructure, and commercial construction.
With over $180 million in annual revenue, PB Materials is expected to make the deal EPS and cash accretive for Amrize starting in 2026.