Heidelberg Materials North America completed its acquisition of the Edmonton, Alberta, assets of Burnco, a family-owned construction materials company with locations in Canada and the U.S.
Heidelberg Materials originally announced the Burnco acquisition last summer.
The acquired assets include six aggregate sites; two asphalt plants and 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,” says Oliver Patsch, president of the Northwest region at Heidelberg Materials North America.
The acquisition adds about 200 employees to Heidelberg Materials.
“This latest step marks another milestone in our value-creating radically focused growth strategy,” says Chris Ward, president and CEO of Heidelberg Materials North America. “The expansion of our business in Edmonton reflects ongoing efforts to accelerate growth and drive long-term value for our key stakeholders.”
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