Amrize has signed an agreement to acquire PB Materials Holdings, an aggregates producer with a complementary ready-mix concrete network across West Texas and parts of southeastern New Mexico, as the company looks to expand capacity in one of its targeted U.S. growth regions.
Amrize said the transaction is part of its profitable growth strategy and is expected to strengthen its aggregates business by adding more than 50 years of aggregates reserves in West Texas to support long-term demand. PB Materials is expected to bring 26 operating sites into Amrize’s network, extending its presence across Texas and the broader Southern region, where construction activity is being supported by infrastructure spending, energy-related development, data center buildouts and commercial investment.
PB Materials generates more than $180 million in revenue, according to Amrize, and the buyer said the deal is expected to deliver significant operational synergies with its existing footprint. Amrize expects the acquisition to be accretive to earnings per share and cash in 2026.
Amrize Chairman and CEO Jan Jenisch said the purchase advances the company’s plan to invest in “North America’s most attractive markets” while adding scale to its aggregates platform in West Texas. Amrize also said it plans to welcome PB Materials’ approximately 340 employees following the close.
PB Materials CEO Christopher Crouch said the company will join Amrize while continuing to serve customers across the region with aggregate and ready-mix products and services.
The companies expect the transaction to close in the first half of 2026, subject to customary closing conditions.
Amrize positions itself as a North American building solutions provider serving infrastructure, commercial and residential markets, operating more than 1,000 sites and employing about 19,000 people. The company reported $11.7 billion in revenue in 2024 and is listed on the New York Stock Exchange and the SIX Swiss Exchange.
PB Materials was formed by combining Wallach Concrete, Highland Concrete and Crockett County Mining, and traces its regional operating history to 1947. The company said its strategically located aggregate and ready-mix facilities help reduce transportation costs and support timely deliveries across West Texas and southeastern New Mexico.
KEY QUOTES:
“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.”
Jan Jenisch, Chairman and CEO, Amrize
“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.”
Christopher Crouch, CEO, PB Materials
