Canada/US: Heidelberg Materials North America has signed a binding purchase agreement to acquire construction materials company Burnco Rock Products’ one rail-served cement terminal and six aggregates sites in Edmonton, Alberta. Chair of the managing board Dominik von Achten said “With our latest acquisition, we are significantly expanding our aggregates business in an attractive market as we continue on our ambitious growth path in North America.”
Chief executive officer of Heidelberg Materials North America Chris Ward said “We look forward to welcoming 200 Burnco employees and their valued customers to Heidelberg Materials.”
The transaction is subject to regulatory approval and is expected to close by the end of 2025.
