Holcim US Acquires Sand and Gravel Operation from Basic Construction Company
August 9, 2022
Holcim US has acquired the sand and gravel operation of Basic Construction Company, LLC in New Kent County, Virginia, adding 230 acres of land and significant aggregate reserves to its Mid-Atlantic portfolio. The site will be managed by Holcim US' Mid-Atlantic leadership and supports the company's strategy of bolt-on acquisitions to expand reserves and capabilities in mature aggregates markets.
- Buyers
- Holcim US
- Targets
- Basic Construction Company, LLC (sand and gravel operation)
- Sellers
- Basic Construction Company, LLC
- Industry
- Building Products
- Location
- Virginia, United States
- Transaction Type
- Buyout
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