HEIDELBERGCEMENT AG

HeidelbergCement to broaden its
vertical integration in northwestern USA

On 18.04.2017, HeidelbergCement announced that its U.S. subsidiary Cadman Materials, Inc., a LehighHanson company, has entered into an agreement with a U.S. subsidiary of Cemex S.A.B. de C.V to buy Cemex’s Pacific Northwest Materials Business consisting of aggregate, asphalt and ready-mix concrete operations in Oregon and Washington. The purchase price for the assets amounts to about US$ 150 million. Closing of the transaction, which is subject to final approval by regulators, is expected during the second quarter of 2017 or soon thereafter.

Cemex’s Pacific Northwest Materials Business includes seven aggregate quarries, five ready-mix concrete plants and two asphalt operations employing about 350 employees. LehighHanson will fully integrate all the operations into its current network thereby broadening its position in the Pacific Northwest area.

//www.heidelbergcement.com" target="_blank" >www.heidelbergcement.com:www.heidelbergcement.com

x

Related articles:

Issue 1/2022 HEIDELBERGCEMENT AG

Accelerating growth in core markets: Significant acquisition in the U.S. Pacific Northwest

HeidelbergCement has announced that its North American subsidiary Lehigh Hanson has finalised the acquisition of Corliss Resources, Inc., one of the largest, family-owned aggregates and ready-mixed...

more
Issue 1-2/2020 CEMEX S.A.B. DE C.V.

Cemex announces divestment of certain assets in the UK

Cemex has announced that one of its subsidiaries has signed an agreement for the sale of certain assets in the United Kingdom to the Breedon Group, for a total consideration of approximately US$?235...

more
Issue 4/2018 HEIDELBERGCEMENT AG

HeidelbergCement acquires recycled construction materials and asphalt business in Australia

At the end of January HeidelbergCement announced that its Australian subsidiary Hanson Holdings Australia Pty Limited (Hanson Australia) had acquired the Alex Fraser Group, a leading provider of...

more

HeidelbergCement reports results for the first quarter of 2018

In the first quarter, the sales volumes of HeidelbergCement’s building materials developed very differently. While sales volumes in Europe and North America were impaired by a long winter and a...

more
Issue 2/2021 CEMEX S.A.B. DE C.V.

Cemex strengthens supply chain to support US operations in their efforts to address cement shortage

Cemex has announced it is optimizing its supply chain to meet shortages experienced throughout the western US. The optimization includes a kiln’s recommissioning at a cement plant in northwest...

more