Martin Marietta’s $2.3 Billion Acquisition of Lehigh Hanson’s West Region Business
May 24, 2021
On May 24, 2021, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement under which Martin Marietta will acquire Lehigh Hanson, Inc.’s West Region business for $2.3 billion in cash. Cravath is representing Martin Marietta in connection with the transaction.
The Cravath team is led by partners Robert I. Townsend III and George F. Schoen and includes associates Kelly M. Smercina, Jason L. Zhang and Evan S. Gabor on M&A matters; partner Matthew J. Bobby and associates Christopher C. Gonnella and David Crampton on executive compensation and benefits matters; partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters; partners Andrew W. Needham and Christopher K. Fargo and associate Richard Bohm on tax matters; associate Carys J. Webb on intellectual property matters; and practice area attorneys Brian M. Budnick and Laurel R. Berkowitz on real estate matters.
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J.D., 1990, Harvard Law Schoolmagna cum laude
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A.B., 1987, Harvard Collegemagna cum laude
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J.D., 2014, University of Michigan Law SchoolOrder of the Coif, summa cum laude
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B.A., 2011, University of Notre DamePhi Beta Kappa, summa cum laude
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J.D., 2012, Harvard Law Schoolmagna cum laude
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M.A., 2009, University of Pennsylvania
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B.A., 2009, University of PennsylvaniaPhi Beta Kappa, summa cum laude
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
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J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
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B.A., 2003, Boston CollegeHonors Program, cum laude
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Wisconsin - Madison
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B.A., 1989, Wellesley Collegecum laude
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J.D., 2011, Benjamin N. Cardozo School of Lawcum laude
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B.A., 2006, University of Virginia
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M.B.A., 1992, The Wharton School of the University of Pennsylvania
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LL.M., 1990, Georgetown University Law Center
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J.D., 1986, Georgetown University Law Center
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B.A., 1982, University of Arizona College of Law
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Deals & Cases
August 04, 2025
Martin Marietta’s Exchange of Assets with Quikrete and Acquisition of Premier
On August 4, 2025, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement with Quikrete Holdings, Inc. (“Quikrete”) for the exchange of certain assets. Under the terms of the agreement, Martin Marietta will receive aggregates operations producing approximately 20 million tons annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million of cash. In exchange, Quikrete will receive Martin Marietta’s Midlothian cement plant, related cement terminals and North Texas ready‑mixed concrete assets.
Deals & Cases
November 18, 2024
Martin Marietta Materials, Inc.’s $1.5 Billion Registered Senior Notes Offering
Cravath represented Martin Marietta Materials, Inc. in connection with its $1.5 billion registered senior notes offering. Martin Marietta Materials, Inc. is a leading supplier of aggregates and heavy building materials for the construction industry in the United States. The transaction closed on November 4, 2024.
