Amrize to acquire PB Materials

Amrize entered into an agreement on Jan. 6 to acquire PB Materials Holdings Inc., a leading aggregates business with a complementary ready-mix concrete network in the Texas region. The deal is expected to close in the first half of 2026.

Based in Odessa, Texas, PB Materials brings more than 50 years of aggregates reserves to serve long-term demand. The deal adds 26 operational sites into the Amrize network, extending the Chicago-based firm’s operations in the southern region as infrastructure, energy projects, data centers and commercial investments drive construction growth.

“I am excited to be expanding our aggregates business to the high growth west Texas region,” Amrize Chairman and CEO Jan Jenisch says. Today’s milestone is an important step in our strategy of investing for growth in North America’s most attractive markets. I have great respect for the leadership and expertise of PB Materials and look forward to welcoming their 340 talented teammates to the Amrize family.” 

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

“We are proud to join Amrize and be part of a leading company that is shaping the future of building in America,” PB Materials CEO Christopher Crouch says. “Amrize shares our dedication to employees, customers, and the communities we operate in and we will continue to serve customers across our region with high quality products and services.”