# Heidelberg Materials acquires SER Group, a German recycling company

Heidelberg Materials acquired SER Group, a leading demolition and construction materials recycling company based in Heilbronn, Germany, with annual revenue of around 50 million euros and three recycling sites.

- Type: Acquisition
- Announced: 2023-02-03
- Where: Heilbronn, Southern Germany, Germany
- Jobs: 220
- Status: completed
- Products: demolition services, construction materials recycling
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Heidelberg Materials](https://endata.com/companies/15605.md) (acquirer)
- [SER Group](https://endata.com/companies/68319.md) (target)

## Sources

- [heidelbergmaterials.com](https://www.heidelbergmaterials.com/en/pr-2023-02-03), 2023-02-03: "Through the acquisition of SER Group, we are further expanding our circular materials offering in Germany."

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