Heidelberg Materials North America Acquires Carver Sand & Gravel

July 29, 2024

Heidelberg Materials North America has entered into a definitive agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, New York area. The deal includes four quarries, three sand and gravel pits, a trucking business, two asphalt plants, roughly 70 million metric tons of reserves and about 200 employees, and is positioned as a bolt-on to expand Heidelberg's footprint in the New York market.

Buyers
Heidelberg Materials North America
Targets
Carver Sand & Gravel
Sellers
Carver Companies
Location
New York, United States
Transaction Type
Buyout

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