Investment Summary

HeidelbergCement Invests In Giatec

On May 10, 2022, HeidelbergCement invested in business services company Giatec

Investment Highlights
  • This is HeidelbergCement’s 1st transaction in the Business Services sector.
  • This is HeidelbergCement’s 1st transaction in Canada.
  • This is HeidelbergCement’s 1st transaction in Ontario.

Investment Summary

Date 2022-05-10
Target Giatec
Sector Business Services
Investor(s) HeidelbergCement
Deal Type Stake Purchase

Target

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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Investor(S) 1

Investor

HeidelbergCement

Heidelberg, Germany

Category Company
Founded 1873
Sector Building Materials
Employees50,780
Revenue 21.2B EUR (2023)
DESCRIPTION

HeidelbergCement is a German multinational building materials company headquartered in Heidelberg, Germany. HeidelbergCement a market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. HeidelbergCement was founded in 1873 and is based in Heidelberg, Germany.


DEAL STATS #
Overall 5 of 6
Sector (Business Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-31 Command Alkon

Birmingham, Alabama, United States

Command Alkon solutions deliver supply chain integration and frictionless digital collaboration across the heavy construction ecosystem. CONNEX, a many-to-many technology platform purpose-built for the industry that enables business partners to automate inter-enterprise operations, capture real-time visibility into heavy material orders and deliveries, leverage leading-edge software experiences to achieve mutually beneficial goals, and share knowledge to manage by exception and promote certainty of outcomes. Command Alkon was founded in 1970 and is based in Birmingham, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-24 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.

Buy -