This transaction is part of the company’s strategic plan to optimise its portfolio through acquisitions in core markets such as North America. In April 2022, Heidelberg Materials acquired Meriwether Ready Mix, a producer of ready-mixed concrete with a well-established residential and commercial customer base in the Metropolitan Atlanta area. In October 2022, the company completed the acquisition of JEV Recycling, a recycler in the Greater Seattle area. JEV operates a facility in which they process concrete and asphalt into recycled aggregate products, contributing to Heidelberg Materials’ growing portfolio of recycled materials. Another recent addition included a new concrete recycling plant to the company’s operations in Redmond, Washington.
The acquisitions significantly contribute to Heidelberg Materials’ goal to offer circular alternatives for half of its concrete products worldwide by 2030. The company is working intensively on innovative methods for processing, reprocessing, and returning high-quality recycled materials to the construction cycle.
