The deal is set to enhance Heidelberg Materials’ presence in the eastern New York market. Credit: Juan Enrique del Barrio via Shutterstock.

Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, an aggregates producer in the New York, US, area.  

Carver Sand & Gravel has an annual sales volume of approximately 1.8 million tonnes (t) of materials, with a production capacity of around three million tonnes per year.  

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Carver Companies and Port of Coeymans president and CEO Carver Laraway said: “We built Carver Sand and Gravel from scratch into a successful mining operation with a strong market position in our corner of New York. 

“While this is a big step for our company, partnering with Heidelberg Materials comes with incredible upside for everyone.” 

This acquisition includes four quarries, three sand and gravel pits, a trucking business, two asphalt plants, approximately 70 million tonnes of reserves, and about 200 employees.  

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The companies have also entered into a strategic partnership for land and marine logistics in the Albany area.  

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The integration of Carver Sand & Gravel is set to enhance Heidelberg Materials’ presence in the eastern New York market. 

Heidelberg Materials North America president and CEO Chris Ward said: “This latest acquisition is reflective of our continued focus on optimising our portfolio in core markets and growing our existing businesses through bolt-on acquisitions. 

“We are excited about expanding our reach in this growing market and welcoming the Carver Sand & Gravel employees to our North American team.” 

Earlier this year, Heidelberg Materials partnered with C-Capture for a carbon capture trial at its plant in Ketton, UK.