News Summary

Heidelberg Materials North America has signed a binding agreement to acquire the Edmonton assets of BURNCO, a family-owned construction materials company operating in Canada and the United States. This acquisition includes six aggregate sites, two asphalt plants, a bitumen storage terminal, three ready-mixed concrete plants, and a rail-served cement distribution terminal. The move aims to enhance Heidelberg Materials’ integrated footprint and broaden its product portfolio in the Edmonton market. Approximately 200 employees from BURNCO will join Heidelberg Materials as part of this acquisition.