IRVING, TX — Heidelberg Materials North America has announced it has entered into a purchase agreement to acquire the business of Green Drop Rock Products located in Cochrane, Alta.
Green Drop Rock Products is an independent producer of aggregates with a plant that supplies the Calgary market, stated an Aug. 17 release.
The transaction is expected to close on Sept. 1.
“The acquisition of the Green Drop Rock Products business will further strengthen our aggregates reserves in the Greater Calgary area and reinforce our integrated footprint in this attractive market,” said Oliver Patsch, president of the northwest region for Heidelberg Materials North America.
“The assets of Green Drop Rock Products are a great addition to our existing operations in this growing part of Alberta and we look forward to welcoming their employees to our team.”
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