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MARTIN MARIETTA STCC

Acquired by

CRH

UNITED STATES Chemicals & Materials EV [1b USD - 100b USD] 11/2023

Target

MARTIN MARIETTA STCC

Acquirer

CRH

Context

The acquisition of the South Texas cement and concrete operations by the group represents a significant strategic realignment within the North American building materials landscape. This transaction facilitates a major expansion of the organization's existing regional platform, specifically strengthening its Ash Grove cement business by integrating a high-capacity manufacturing nexus and an extensive downstream distribution network. The strategic rationale for the move centers on achieving geographic densification in the high-growth Austin and San Antonio corridors, where infrastructure demand remains structurally robust. By incorporating these integrated assets, the group enhances its ability to capture value throughout the construction lifecycle, from raw material extraction to final project delivery. For the seller, the divestiture is a key component of its long-term portfolio optimization strategy, allowing it to reallocate capital toward higher-margin aggregates and internal growth initiatives. The partnership establishes a comprehensive technical platform capable of meeting the rigorous requirements of modern industrial and residential development. This integration reinforces the group’s position as a dominant consolidator in the Texas market, ensuring technical durability and operational efficiency across its expanded industrial footprint.

This transaction is part of the Industry & Manufacturing industry, which currently tracks an average EBITDA multiple of 10.3x since the beginning of 2026, 3.2% increase compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

The South Texas operations of Martin Marietta represent a vertically integrated industrial platform focused on the production and distribution of critical building materials. The organization’s business model centers on the Hunter cement plant, a large-scale manufacturing facility that serves as the primary supply source for a vast regional network. Its value proposition is anchored in its ability to deliver high-quality cement and ready-mixed concrete through 20 specialized plants and multiple distribution terminals across the Austin and San Antonio corridors. Strategically, the entity leverages its localized production capacity to support large-scale infrastructure projects, commercial developments, and residential growth in high-demand metropolitan areas. By controlling both the raw material manufacturing and the downstream distribution lifecycle, the firm ensures operational efficiency and consistent product availability. The organization operates as a key infrastructure enabler, facilitating the structural expansion of one of North America’s most active construction markets.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
EBIT
2022
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2021
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Other operations with MARTIN MARIETTA STCC

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.