Heidelberg Materials North America has finalised its acquisition of BURNCO’s assets in Edmonton, Alberta, significantly expanding its presence.
The deal includes six aggregates sites, two asphalt plants, a bitumen storage terminal, three ready-mixed concrete plants and one rail-served cement distribution terminal.
“The acquisition of these operations further strengthens our existing integrated footprint in the Edmonton market, expands our product portfolio, and enables us to improve service to our customers,” Heidelberg Materials North America president of the northwest region Oliver Patsch said.
“We are excited about the opportunities ahead and welcome the approximately 200 employees to Heidelberg Materials.”
It comes after Heidelberg Materials North America announced the deal for the fifth-generation family-owned construction materials company last year.
“This latest step marks another milestone in our value-creating radically focused growth strategy,” Heidelberg Materials North America president and chief executive officer Chris Ward said.
“The expansion of our business in Edmonton reflects ongoing efforts to accelerate growth and drive long-term value for our key stakeholders.”
