Blue Water Industries in its $2.05 billion sale of 20 active aggregates operations to Martin Marietta

On February 12, 2024, Blue Water Industries LLC announced that it has entered into a definitive agreement with Martin Marietta Materials, Inc. (NYSE: MLM) under which Martin Marietta will acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from Blue Water Industries for $2.05 billion in cash.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Blue Water Industries.