Heidelberg Materials North America announced today that it has completed the acquisition of the Edmonton, Alberta, assets of BURNCO, a successful fifth-generation family-owned construction materials company with locations in Canada and the United States. The assets acquired include six aggregates sites; two asphalt plants and a bitumen storage terminal; three ready-mixed concrete plants; and one rail-served cement distribution terminal.
“The acquisition of these operations further strengthens our existing integrated footprint in the Edmonton market, expands our product portfolio and enables us to improve service to our customers,” said Oliver Patsch, President of the Northwest Region for Heidelberg Materials North America. “We are excited about the opportunities ahead and welcome the approximately 200 employees to Heidelberg Materials.”
“This latest step marks another milestone in our value-creating radically focused growth strategy,” said Chris Ward, President and CEO of Heidelberg Materials North America. “The expansion of our business in Edmonton reflects ongoing efforts to accelerate growth and drive long-term value for our key stakeholders.”
