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  6. HeidelbergCement Acquires SEFA Group

M&A Deal Summary

HeidelbergCement Acquires SEFA Group

On April 24, 2023, HeidelbergCement acquired building materials company SEFA Group

Acquisition Highlights
  • This is HeidelbergCement’s 4th transaction in the Building Materials sector.
  • This is HeidelbergCement’s 2nd transaction in the United States.
  • This is HeidelbergCement’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2023-04-24
Target SEFA Group
Sector Building Materials
Buyer(s) HeidelbergCement
Deal Type Add-on Acquisition

Target

SEFA Group

Lexington, South Carolina, United States
SEFA Group is a provider of a reliable supply of quality fly ash for the ready-mixed concrete industry and provides technology and services, including transportation, to the construction materials and industrial sectors. SEFA Group is based in Lexington, South Carolina.

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Buyer(S) 1

Buyer

HeidelbergCement

Heidelberg, Germany
Category Company
Founded 1873
Sector Building Materials
Employees50,780
Revenue 21.2B EUR (2024)
DESCRIPTION

HeidelbergCement is a German multinational building materials company that operates as a prominent player in the fields of cement, concrete, and other downstream activities. HeidelbergCement was founded in 1873 and is based in Heidelberg, Germany.

DEAL STATS #
Overall 6 of 6
Sector: Building Materials M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: South Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 Giatec

Ottawa, Ontario, Canada

Giatec is a global company revolutionizing the construction industry by bringing smart testing technologies and real-time data collection to the forefront of every construction site. The company's suite of hardware and software products has leveraged advanced technologies, such as AI and the Internet of Things (IoT), including wireless concrete sensors, mobile apps, and advanced non-destructive testing technologies (NDT), to drive innovation throughout concrete's lifecycle and reduce concrete's carbon footprint. Giatec is based in Ottawa, Ontario.

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