Eagle Materials secures deal to acquire Bullskin Stone & Lime in major move

In the United States, Eagle Materials Inc. recently announced plans to acquire Bullskin Stone & Lime, LLC, a company specializing in aggregates, located in Western Pennsylvania. This agreement was disclosed on December 10, 2024, and holds a purchase price of $152.5 million. The acquisition is conditioned upon customary post-closing adjustments and is expected to be finalized within the next 60 days, pending the satisfaction of typical closing requirements. The target company, Bullskin Stone & Lime, serves the Pittsburgh area and the broader Western Pennsylvania market, providing a strong and established business presence in the region. The move is in line with Eagle Materials’ ongoing strategy of expanding its footprint in the aggregates market, which complements their existing network of quarries, cement plants, and terminals across the United States. Michael Haack, President and CEO of Eagle Materials, commented on the acquisition, emphasizing how this deal enhances their long-term growth objectives by integrating a pure-play aggregates business into their operations. This integration is expected to create further synergy and operational efficiency within their already extensive network, thereby positioning them more competitively in the market. With this acquisition, Eagle Materials demonstrates a commitment to growth and consolidation within the aggregates sector. The addition of Bullskin Stone & Lime not only strengthens their market presence but also enables them to potentially increase their service offerings to existing customers while attracting new clients within the region.