Vulcan Materials Acquires Private Company Assets

Ticker: VMC · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, growth

TL;DR

Vulcan Materials is buying assets from a private company, expected to boost earnings next year.

AI Summary

Vulcan Materials Company announced on February 13, 2025, that it has entered into a definitive agreement to acquire the assets of a private company for an undisclosed amount. The acquisition is expected to close in the second quarter of 2025 and is anticipated to be accretive to earnings per share in the first full year following the close. This strategic move aims to expand Vulcan's market presence and product offerings.

Why It Matters

This acquisition signifies Vulcan Materials' strategic growth initiative, potentially expanding its market share and diversifying its revenue streams in the nonmetallic minerals sector.

Risk Assessment

Risk Level: medium — The acquisition involves integrating a new business, which carries inherent operational and financial risks, and the exact financial terms are not yet disclosed.

Key Players & Entities

FAQ

What is the nature of the assets being acquired by Vulcan Materials?

The filing states that Vulcan Materials Company has entered into a definitive agreement to acquire the assets of a private company. Specific details about the type of assets are not provided in this excerpt.

When is the acquisition expected to be completed?

The acquisition is expected to close in the second quarter of 2025.

Will the acquisition impact Vulcan Materials' earnings per share?

Yes, the acquisition is anticipated to be accretive to earnings per share in the first full year following its close.

What is the filing date of this Form 8-K?

This Form 8-K was filed on February 18, 2025, reporting an event that occurred on February 13, 2025.

Where is Vulcan Materials Company headquartered?

Vulcan Materials Company's principal executive offices are located at 1200 Urban Center Drive, Birmingham, Alabama 35242.

From the Filing

0001140361-25-004970.txt : 20250218 0001140361-25-004970.hdr.sgml : 20250218 20250218073516 ACCESSION NUMBER: 0001140361-25-004970 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250213 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vulcan Materials CO CENTRAL INDEX KEY: 0001396009 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 208579133 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33841 FILM NUMBER: 25632748 BUSINESS ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: (205) 298-3000 MAIL ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 FORMER COMPANY: FORMER CONFORMED NAME: Virginia Holdco, Inc. DATE OF NAME CHANGE: 20070409 8-K 1 ef20043777_form8k.htm 8-K false 0001396009 AL 0001396009 2025-02-13 2025-02-13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 _______________________________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 13, 2025 VULCAN MATERIALS COMPANY (Exact name of registrant as specified in its charter) New Jersey   001-33841   20-8579133           (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 1200 Urban Center Drive Birmingham , Alabama 35242 (Address of principal executive offices) (zip code) ( 205 ) 298-3000 Registrant's telephone number, including area code Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1 par value VMC New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  Emerging growth company      ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 2.02 Results of Operations and Financial Condition. On February 18, 2025, Vulcan Materials Company (the “Company”) announced its financial results for the fourth quarter ended December 31, 2024. The press release announcing the results is furnished as Exhibit 99.1. Item 8.01 Other Events. The Company has elected to redeem all of the $400 million aggregate principal amount of its outstanding 4.50% notes due 2025 (CUSIP No. 929160AS8 ). On February 13, 2025, Regions Bank, as trustee and paying agent under the indenture governing the notes, mailed a notice of redemption to the record holders of the notes. The redemption of the notes is scheduled to occur on March 28, 2025. Ite

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