Summit Materials announces stockholder approval of Quikrete transaction

Summit Materials (SUM) announced that the Company has obtained all requisite stockholder approvals in connection with the proposed acquisition by Quikrete Holdings, Inc. Summit will disclose the final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission. As previously announced, the proposed transaction is expected to close within the first quarter of 2025, subject to the satisfaction of remaining customary closing conditions. Upon completion of the transaction, Summit will become a privately held subsidiary of Quikrete and its common stock will no longer be traded on the NYSE.