Heidelberg Materials North America has acquired the assets and reserves of Island Aggregates, one of the last remaining permitted aggregates sites on Vancouver Island. The transaction also includes three mobile crushing plants, loaders, excavators and related equipment. Island Aggregates is a producer of high-quality sand and gravel and has been a long-term supplier to Heidelberg Materials’ ready-mixed concrete operations in the market.
“The addition of the Island Aggregates business further strengthens our existing integrated footprint in this important market and is the latest step in our pure-play growth strategy in North America,” said Oliver Patsch, president of the Northwest Region for Heidelberg Materials North America. “We are pleased to welcome the Island Aggregates employees and customers to Heidelberg Materials.”
The company says this latest acquisition is aligned with its strategic focus on optimizing its portfolio in core markets and reflects its ambitious path towards accelerated growth and profitability.
Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions and is focused on helping to reduce the carbon impact of the built environment while growing the circular economy in the construction materials industry.
