Amrize closes PB Materials acquisition

Amrize Ltd. has completed its acquisition of PB Materials Holdings Inc., an Odessa, Texas-based producer of aggregates with a complementary ready-mix concrete network.

“We are excited to be expanding our aggregates business in the high-growth west Texas region,” Amrize Chairman and CEO Jan Jenisch says. “This acquisition demonstrates our strategy in action as we continue to invest for growth in North America’s most attractive markets.”

He added that the firm will continue to pursue value-accretive mergers and acquisitions with a strong pipeline in place for 2026.

Amrize, based in Chicago, says PB Materials strengthens its aggregates business, adding more than 50 years of aggregates reserves in west Texas to serve long term demand.

PB Materials brings 26 operational sites into Amrize’s network, extending its operations throughout Texas and the southern U.S. as infrastructure, energy projects, data centers and commercial investments drive construction growth.

Amrize says PB Materials brings more than $180 million in annual revenue and significant synergies with its existing operations.