Summit Materials Seals $3.2B Argos USA Merger

Summit Materials Completes $3.2B Merger with Argos North America Corp.

Summit Materials, Inc. (NYSE: SUM) has successfully completed its merger with Argos North America Corp., the U.S. arm of Cementos Argos S.A., in a deal worth $3.2 billion. The merger, which was agreed upon on September 7, 2023, received overwhelming approval from Summit shareholders at a special meeting held on Thursday.