M&A Deal Summary

Heidelberg Materials North America Acquires Highway Materials

On July 16, 2024, Heidelberg Materials North America acquired building materials company Highway Materials

Acquisition Highlights
  • This is Heidelberg Materials North America’s 2nd transaction in the Building Materials sector.
  • This is Heidelberg Materials North America’s 2nd transaction in the United States.
  • This is Heidelberg Materials North America’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-07-16
Target Highway Materials
Sector Building Materials
Buyer(s) Heidelberg Materials North America
Deal Type Add-on Acquisition

Target

Highway Materials

Flourtown, Pennsylvania, United States
Highway Materials is a producer of construction aggregates and hot-mix asphalt products. Highway Materials was founded in 1936 and is based in Flourtown, Pennsylvania.

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Buyer(S) 1

Buyer

Heidelberg Materials North America

Irving, Texas, United States
Category Company
Sector Building Materials
DESCRIPTION

Heidelberg Materials North America is a supplier of cement, aggregates, ready-mixed concrete, asphalt, and other building materials to markets throughout North America. Heidelberg Materials North America is based in Irving, Texas.

DEAL STATS #
Overall 3 of 4
Sector (Building Materials) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Pennsylvania) 1 of 1
Country (United States) 2 of 3
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Aaron Materials

United States

Aaron Materials is a concrete recycler and materials producer in the Corpus Christi area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Carver Sand & Gravel

Coeymans, New York, United States

Carver Sand & Gravel is a materials producer specializing in supplying and processing sand, gravel, and various other aggregates. Carver Sand & Gravel was founded in 1996 and is based in Coeymans, New York.

Buy -
Mergr

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