SOURCE: Quarry Magazine : November 18, 2023
Heidelberg Materials has expanded its North American footprint with a major sand and gravel acquisition.
The major materials supplier has acquired Bach and Co in New York, including its sand and gravel site, to expand Heidelberg’s footprint.
“The acquisition of the Bach & Co. assets further strengthens our aggregates reserves in the Northern New York State area and fortifies our vertically integrated footprint in this key market,” said Northeast Region for Heidelberg Materials North America President Alex Car said.
According to its statement, the acquisition reflects a strategic plan to optimise its portfolio in core markets and strengthen its existing businesses through bolt-on acquisitions.
Heidelberg Materials has added a series of acquisitions to expand its North American footprint.
Earlier in the year, Heidelberg Materials completed an acquisition in Canada through Green Drop in Alberta.
“The assets of Green Drop Rock Products are a great addition to our existing operations in this growing part of Alberta, and we look forward to welcoming their employees to our team,” Oliver Patsch said earlier this year.
RMS Gravel was another acquisition of the Heidelberg brand earlier this year.
The sale included a single quarry with a fixed processing plant, five portable crushing plants and a material hauling business for sand and gravel products.
“The acquisition of RMS further strengthens our vertically integrated footprint in the growing Central New York area,” Car said earlier this year.
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