Summit Materials, LLC -- Moody's says that Summit Materials' agreement to acquire LaFarge's Davenport cement plant and distribution terminals is credit positive

New York, April 21, 2015 -- Moody's Investor Service said that Summit Materials, LLC agreement to acquire LaFarge's Davenport cement plant and distribution terminals is a credit positive. At this time, there is no impact on the Corporate Family Rating. On April 17, 2015, Summit Materials, LLC ("Summit") announced that it entered a definitive agreement with Lafarge North America ("Lafarge NA") to purchase Lafarge NA'sDavenport, Iowa cement plant and seven cement distribution terminals for a purchase price of $450 million plus Summit's Bettendorf, Iowa cement terminal.

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