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Privately held Quikrete approached Summit with an acquisition offer in October, Reuters had reported. ... The concrete maker's $52.50 per share offer represents an about 29.2% premium to Summit's ...
Non-shrink grout being applied to tiles. Non-shrink grout is a hydraulic cement grout that, when hardened under stipulated test conditions, does not shrink, so its final volume is greater than or equal to the original installed volume.
Rinker Group was established as a separate entity in 2003 through its demerger from CSR Limited.CSR had earlier purchased Rinker Materials, which was founded by Marshall "Doc" Rinker and A.V. Hansen in 1926.
Bunnings Limited was bought out by Wesfarmers in 1994 for $600 million. [10] In late-1995, the 'Red Hammer' symbol was introduced and is still in use today. In June 1996, the company's trademark slogan "Lowest Prices Are Just The Beginning" was introduced. In February 2020, the company discontinued the use of the slogan in Australia.
Concrete has a limited lifespan between batching / mixing and curing. This means that ready-mixed concrete should be placed within 30 to 45 minutes of the batching process to hold slump and mix design specifications in the US, [15] though in the UK, environmental and material factors, plus in-transit mixing, allow for up two hours to elapse. [16]
In October 2009, a cement and concrete price fixing class action lawsuit was filed in Florida against Oldcastle Materials and others. The claim alleged that the defendants eliminated competition in the market for cement and concrete by charging artificially high prices from at least the period 2000 to 2009.