DENVER, Oct. 24, 2024 /PRNewswire/ — Height Fabrics, Inc. (NYSE: SUM) (“Summit,” “Summit Materials,” “Summit Inc.” or the “Company”) nowadays disclosed that it has won a non-binding acquisition proposal.
The Corporate has held preliminary discussions with the birthday celebration, and, in session with its advisors, Height’s Board of Administrators will sparsely evaluation the proposal to resolve the plan of action it believes is in the most productive pursuits of the Corporate and its shareholders.
There will also be refuse pledge that any definitive contract might be reached. Height does no longer plan to grant any updates with admire to this subject, excluding as required below appropriate regulation.
Morgan Stanley & Co. LLC and Evercore are appearing as monetary advisors to Height, and Davis Polk & Wardwell LLP is appearing as criminal consultant.
About Height Fabrics, Inc.
Height Fabrics is a market-leading manufacturer of aggregates and cement with vertically built-in operations that offer ready-mix concrete and asphalt in make a selection markets. Height is a geographically numerous, materials-led industry of scale that trade in consumers in america and British Columbia, Canada towering component services for the community infrastructure, residential and non-residential finish markets. Height has a robust monitor report of a success acquisitions since its launch and continues to pursue high-return enlargement alternatives in untouched and present markets. For more info about Height Fabrics, please consult with www.summit-materials.com.
Cautionary Remark Referring to Ahead-Having a look Statements
This press shed accommodates “forward-looking statements” inside the which means of the federal securities regulations, which contain dangers and uncertainties. Ahead-looking statements come with all statements that don’t relate only to historic or wave details, and you’ll be able to determine forward-looking statements as a result of they comprise phrases similar to “believes, ” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “trends,” “plans,” “estimates,” “projects” or “anticipates” or related expressions that fear our technique, plans, expectancies or intentions. Those forward-looking statements are matter to dangers, uncertainties and alternative elements that can motive our fresh effects, efficiency or achievements to be other from generation effects, efficiency or achievements expressed or implied through such forward-looking statements. We derive a lot of our forward-looking statements from our running budgets and forecasts, which might be based totally upon many impressive guesses. Hour we imagine that our guesses are cheap, it is vitally tough to are expecting the impact of recognized elements, and, after all, it’s inconceivable to wait for all elements that might have an effect on our fresh effects.
In luminous of the numerous uncertainties inherent within the forward-looking statements incorporated herein, the inclusion of such knowledge will have to no longer be considered a illustration through us or any alternative person who the consequences or statuses described in such statements or our goals and plans might be discovered. Noteceable elements may just have an effect on our effects and may just motive effects to fluctuate materially from the ones expressed in our forward-looking statements, together with however no longer restricted to the standards mentioned within the category entitled “Risk Factors” in our Annual Document on Method 10-Okay for the fiscal day ended December 30, 2023, and Quarterly Document on Method 10-Q for the fiscal quarter ended March 30, 2024. Such elements could also be up to date from past to past in our periodic filings with the Securities and Change Fee (“SEC”), which might be obtainable at the SEC’s web page at www.sec.gov. We adopt refuse legal responsibility to publicly replace or revise any forward-looking observation on account of untouched knowledge, generation occasions or differently, excluding as required through regulation.
Touch Knowledge
Andy Larkin
VP, Investor Family members
Height Fabrics, Inc.
[email protected]
720-618-6013
Jim Barron/Benjamin Spicehandler/Danielle Berg
FGS International
[email protected]
SOURCE Height Fabrics, Inc.
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