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Heidelberg Materials acquire RMS Gravel Inc

Heidelberg Materials have acquired NewYork-based RMS Gravel Inc
Heidelberg Materials have acquired NewYork-based RMS Gravel Inc

Company strengthens footprint with sand and gravel acquisition in growing core US market

HEIDELBERG Materials North America have acquired all operating assets and reserves of RMS Gravel Inc., producers of high-quality sand and gravel products located in the Central New York market. Both parties have agreed to not disclose the financial terms of the deal.

The assets of RMS Gravel include a single quarry with a fixed processing plant and five portable crushing plants, strengthening Heidelberg Materials’ vertically integrated footprint and position in the US Northeast.

 

This latest transaction is part of the company’s strategic plan to optimize its portfolio through acquisitions in core markets such as North America. In April 2022, Heidelberg Materials acquired Meriwether Ready Mix, producers of ready-mixed concrete with a well-established residential and commercial customer base in the metropolitan Atlanta area.

In October 2022, the company completed the acquisition of JEV Recycling, a recycler in the Greater Seattle area. JEV operate a facility in which they process concrete and asphalt into recycled aggregate products, contributing to Heidelberg Materials’ growing portfolio of recycled materials.

Another recent addition included a new concrete recycling plant to the company’s operations in Redmond, Washington.

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