Heidelberg Materials will acquire BURNCO’s Edmonton assets
The deal includes BURNCO’s Edmonton-area assets, including aggregate sites, asphalt plants, concrete facilities, and a cement terminal.
Key Takeaways:
- Heidelberg Materials is acquiring BURNCO’s Edmonton-area assets, including aggregate sites, asphalt plants, concrete facilities, and a cement terminal, employing 200 workers.
- The acquisition marks a significant expansion of Heidelberg’s operations in Alberta, aligning with its Strategy 2030 and growth plans in North America.
- The deal is expected to close by the end of 2025, pending regulatory approval; financial terms have not been disclosed.
The Whole Story:
Heidelberg Materials North America has signed a binding agreement to acquire key assets of BURNCO Rock Products Ltd. in Edmonton, marking a major expansion of its operations in Alberta.
The deal includes six aggregate sites, two asphalt plants, a bitumen storage terminal, three ready-mix concrete plants and a rail-served cement terminal, all located in the Edmonton region. The facilities employ about 200 workers.
“This acquisition significantly expands our aggregates business in an attractive market as we continue our ambitious growth path in North America,” said Dr. Dominik von Achten, chairman of the managing board of Heidelberg Materials, in a statement. “Our customers will benefit from an extended network of aggregates and ready-mixed concrete sites.”
Chris Ward, CEO of Heidelberg Materials North America, said the move strengthens the company’s presence in Edmonton and is expected to generate “significant synergies” across the Northwest region.
“We look forward to welcoming 200 BURNCO employees and their valued customers to Heidelberg Materials,” Ward said.
BURNCO is a fifth-generation family-owned construction materials company with operations in both Canada and the United States.
Financial terms of the deal were not disclosed. The transaction remains subject to regulatory approval and is expected to close by the end of 2025.
Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete.
