Holcim US acquired King William Sand & Gravel Co., a producer in King William County, Virginia.
With the addition, Holcim gains sand and gravel reserves that serve the construction needs of customers in central Virginia.
“Acquisitions that complement our strengths and expand our reach are a major part of Holcim US’s growth strategy,” says Toufic Tabbara, Holcim’s North America region head. “By welcoming King William Sand & Gravel, we’ll become an even stronger aggregates leader to meet our customers’ needs in the expanding Richmond and central Virginia area.”
Holcim says the acquisition complements its existing operations and footprint in the region, which include more than 30 facilities that offer crushed stone, sand and gravel, asphalt and ready-mixed concrete. King William Sand & Gravel operates a sand and gravel operation outside the Richmond metro area.
“King William Sand & Gravel has strong roots in its community, including relationships with key players in the construction industry who are working to transform the Mid-Atlantic region’s roads, infrastructure and buildings,” says Sridhar Goteti, senior vice president and general manager of Holcim’s Mid-Atlantic region. “Their strengths will complement our supply and distribution segments and help us meet the growing demand for sustainable building solutions within this dynamic market. We look forward to welcoming King William’s team into the Holcim family.”
