Heidelberg Materials North America completed the acquisition of Giant Cement Holding Inc. (GCHI) and its subsidiaries, Giant Cement Co., Dragon Products Co. and Giant Resource Recovery.
Heidelberg Materials acquired the assets from the Fortaleza, Uniland and Trituradora groups.
The acquired operations include a cement plant in Harleyville, South Carolina, and four associated distribution terminals; a joint-venture deep-water import terminal in Savannah, Georgia; cement and slag distribution terminals in Newington, New Hampshire, and Thomaston, Maine; and a deep-water import terminal in Boston.
The purchase also includes Giant Resource Recovery, an alternative fuel recycling business in the Eastern U.S.
“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,” says 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.”
