Mergers & Acquisitions
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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.
HeidelbergCement Unit Lehigh Hanson to Be Acquired by Martin Marietta Materials in $2.3 Billion Deal
- Client News
- May 24, 2021
Paul, Weiss is advising Lehigh Hanson, Inc., the U.S. affiliate of Germany-based HeidelbergCement, in HeidelbergCement’s $2.3 billion all-cash sale of the company to U.S.-based Martin Marietta Materials, Inc. HeidelbergCement is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement and ready-mixed concrete.
The transaction includes the sale of Irving, Texas-based Lehigh Hanson’s cement, aggregates, ready-mixed concrete and asphalt assets in the U.S. West region in California, Arizona, Oregon and Nevada. Closing of the transaction is expected in the second half of 2021, subject to customary conditions and regulatory approvals.
The Paul, Weiss team includes corporate partners Ariel Deckelbaum and counsel Julie Martinelli and Jason Tyler; litigation partner Aidan Synnott and counsel Daniel Crane and Steven Herzog; tax partner Robert Holo; executive compensation partner Jean McLoughlin and counsel Lisa Krausz Eisenberg, Nicole Tark and Ron Aizen; restructuring partner Kelley Cornish and counsel Claudia Tobler; real estate partners Harris Freidus and Peter Fisch; intellectual property partner Claudine Meredith-Goujon; environmental counsel William O'Brien; and antitrust counsel Marta Kelly and Yuni Sobel.