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  6. Heidelberg Materials North America Acquires Green Drop

M&A Deal Summary

Heidelberg Materials North America Acquires Green Drop

On August 17, 2023, Heidelberg Materials North America acquired consumer services company Green Drop

Acquisition Highlights
  • This is Heidelberg Materials North America’s 1st transaction in the Consumer Services sector.
  • This is Heidelberg Materials North America’s 1st transaction in Canada.
  • This is Heidelberg Materials North America’s 1st transaction in Alberta.

M&A Deal Summary
Date 2023-08-17
Target Green Drop
Sector Consumer Services
Buyer(s) Heidelberg Materials North America
Deal Type Add-on Acquisition

Target

Green Drop

Cochrane, Alberta, Canada
Green Drop is an independent producer of aggregates with a high-capacity plant that is well-positioned to supply the Calgary market. Green Drop is based in Cochrane, Alberta.

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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 1 of 9
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 7
State: Alberta M&A 1 of 3
Country: Canada M&A 1 of 4
Year: 2023 M&A 1 of 1
FOLLOWING 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.

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