Rogers/Chambless Mine in Davis, Oklahoma
Greystone Advises Boral on Sale of Davis Quarry to Martin Marietta
SAN DIEGO (January 16, 2015) – The Greystone Group announced today that it served as exclusive financial advisor to Boral Industries Inc. in the sale of its Davis Quarry to Martin Marietta Materials Inc. (NYSE: MLM). The Davis Quarry divestiture is the 3rd transaction managed by Greystone for Boral in the past 3 years. “We have enjoyed a long-term relationship with Boral and look forward to advising them on further transactions” said Tim Oitzman, President of Greystone.
Boral is a leading supplier of brick, roof tile and manufactured stone veneer for residential and commercial construction in the United States. Boral is also one of the largest fly ash distributors in the U.S. and operates a significant aggregate and ready mix business in in the Denver, Colorado market. Boral Industries is the U.S. subsidiary of Boral Ltd, an international building and construction materials group headquartered in Sydney, Australia. Boral has leading market positions in cement and construction materials in Australia; plasterboard in Australia and Asia; and cladding and roof tiles in the United States.
About Martin Marietta
Martin Marietta is a leading supplier of aggregates and heavy building materials with operations spanning 32 states, Canada and the Caribbean. Martin Marietta is a member of the S&P 500 Index.