# HeidelbergCement to buy Cemex's Pacific Northwest Materials Business for $150M

HeidelbergCement's U.S. subsidiary Cadman Materials has agreed to buy Cemex's Pacific Northwest Materials Business, including aggregate, asphalt and ready mix concrete operations in Oregon and Washington, for about $150 million. Closing is expected in Q2 2017.

- Type: Acquisition
- Announced: 2017-04-18
- Where: Oregon and Washington, United States
- Value: $150.0M
- Status: announced
- Products: aggregate, asphalt, ready mix concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [HeidelbergCement](https://endata.com/companies/20595.md) (acquirer)
- [Cadman Materials Inc.](https://endata.com/companies/23659.md) (acquirer)

## Sources

- [heidelbergmaterials.com](https://www.heidelbergmaterials.com/en/pr-18-04-2017), 2017-04-18: "HeidelbergCement announced that its U.S. subsidiary Cadman Materials, Inc. has entered into an agreement to buy Cemex’s Pacific Northwest Materials Business consisting of aggregate, asphalt and ready mix concrete operations in Oregon and Washington."
- [cemnet.com](https://www.cemnet.com/Corporate/story/161625/heidelbergcement.html), 2017-05-02: "HeidelbergCement subsidiary, Cadman Materials, in the US has agreed to acquire the Pacific Northwest downstream activities of Cemex for around US$150m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.