Heidelberg Materials strengthen footprint in Italy
Company acquires family-owned Cava Nord based in Paderno Dugnano, north of Milan
HEIDELBERG Materials have acquired Cava Nord Srl, a family-owned company based in Paderno Dugnano, north of Milan in Italy.
Founded in 1962, Cava Nord specialize in the supply of aggregates and ready-mixed concrete as well as recycling construction and demolition waste.
The transaction includes a quarry, two aggregates processing facilities, an aggregates recycling facility, and two ready-mixed concrete plants.
The acquisition is part of Heidelberg Materials’ ongoing portfolio optimization. It strengthens the company’s vertical market integration in an attractive core market and enhances its supply of sustainable solutions.
Both parties have agreed not to disclose the financial terms of the transaction.
