Amrize to Expand in West Texas Through Acquisition of PB Materials

Amrize Ltd announced its agreement to acquire PB Materials Holdings, a top aggregates business in West Texas. This move, as part of Amrize's growth strategy, is set to enhance the company’s market position, bringing over 50 years of aggregates reserves to cater to long-term demand. The acquisition will integrate PB Materials' 26 operational sites into Amrize’s network, supporting expansion across Texas and the Southern region.

Amrize anticipates significant synergies from this merger, which is projected to positively impact earnings and cash flow in 2026. The acquisition aligns with Amrize's focus on high-growth markets, aiming to fortify its presence in North America.

The transaction is expected to conclude in the first half of 2026, pending standard closing conditions. Jan Jenisch, CEO of Amrize, and Christopher Crouch, CEO of PB Materials, emphasized the strategic benefits and shared values contributing to the merger's success.