Amrize has entered into an agreement to acquire US PB Materials Holdings, Inc., the leading aggregates business with a complementary ready-mix concrete network in the high growth West Texas region. Permian Based Materials achieved over $180 million in annual revenues with strong earnings and significant synergies with Amrize. The company has 50+ years of aggregates reserves (example photo) in West Texas to serve long-term demand and will add 26 operational sites into Amrize’s network, extending its operations throughout Texas and the Southern region, while infrastructure, energy projects, data centres and commercial investments drive construction growth. The acquisition of PB Materials is expected to be EPS and cash accretive in 2026.