Heidelberg Materials North America announced that it has completed the acquisition of Giant Cement Holding Inc. (GCHI) and its subsidiaries, Giant Cement Co., Dragon Products Co. and Giant Resource Recovery, from the Fortaleza, Uniland and Trituradora groups.
The acquired operations include a cement plant in Harleyville, S,C., and four associated distribution terminals; a joint-venture deep-water import terminal in Savannah, Ga.; cement and slag distribution terminals in Newington, N.H., and Thomaston, Maine; and a deep-water import terminal in Boston. The purchase also includes Giant Resource Recovery (GRR!), an alternative fuel recycling business in the Eastern United States.
“We are pleased to complete the acquisition of the GCHI assets and further strengthen our presence in the important Southeastern U.S. and New England markets,” said Chris Ward, president and CEO of Heidelberg Materials North America. “We welcome the approximately 400 employees and the GCHI customers to Heidelberg Materials and look forward to the opportunities ahead.”
This latest acquisition by Heidelberg Materials reflects its continued focus on optimizing its portfolio in core markets, building a sustainable future and positioning the company as the front-runner on the path to decarbonizing the built environment and growing the circular economy in the construction materials industry.
