Heidelberg Materials to acquire Giant Cement from Fortaleza, Uniland and Trituradora for $600m.

Heidelberg Materials, a supplier of cement, aggregates, ready mixed concrete, asphalt, and other building materials, agreed to acquire Giant Cement, a US East Coast cement producer with a focus on using waste-derived fuels, from Fortaleza, Uniland and Trituradora, for $600m. “The acquisition of the GCHI assets will further strengthen our cementitious footprint in the growing Southeastern US and New England markets. We are excited to expand our supply network on the East Coast to better serve our broad customer base and we expect strong synergies with the Giant Resource Recovery fuel recycling business,” Chris Ward, Heidelberg Materials North America President and CEO.