# Heidelberg Materials to acquire Giant Cement Holding Inc. for undisclosed sum

Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Giant Cement Holding Inc., including an 800,000-tonne-per-year cement plant in Harleyville, South Carolina, two deep-water import terminals, five distribution terminals, and an alternative fuel recycling business.

- Type: Acquisition
- Announced: 2024-11-01
- Where: Harleyville, South Carolina, United States
- Value: $600.0M
- Status: announced
- Capacity: 800,000 tonnes of cement per year
- Products: cement, alternative fuels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Dragon Products](https://endata.com/companies/2782.md) (target)
- [Heidelberg Materials](https://endata.com/companies/15605.md) (acquirer)
- [Giant Cement Holding](https://endata.com/companies/20376.md) (target)
- [Giant Resource Recovery](https://endata.com/companies/81375.md) (target)
- [Inmocemento](https://endata.com/companies/81379.md) (partner)

## Sources

- [heidelbergmaterials.com](https://www.heidelbergmaterials.com/en/pr-2024-11-28), 2024-11-28: "Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Giant Cement Holding Inc., an established cement producer on the US East Coast with a focus on using waste-derived fuels."
- [reuters.com](https://www.reuters.com/markets/deals/heidelberg-materials-buys-us-firm-giant-cement-600-mln-2024-11-28/), 2024-11-28: "The acquisition... will strengthen our presence in the cement sector in the growing markets of the southeastern United States and New England."
- [boursorama.com](https://www.boursorama.com/bourse/actualites/heidelberg-materials-achete-l-entreprise-americaine-giant-cement-pour-600-millions-de-dollars-879ed3d61f91c0db2eee41f542621850), 2024-11-28: "The acquisition... will strengthen our presence in the cement sector in the growing markets of the southeastern United States and New England."
- [agg-net.com](https://www.agg-net.com/news/heidelberg-materials-acquire-giant-cement-holding-inc), 2024-11-28: "The acquisition of the GCHI assets will further strengthen our cementitious footprint in the growing south-eastern US and New England markets."
- [cbinsights.com](https://www.cbinsights.com/company/giant-cement-holding), 2024-11-28: "In November 2024, Giant Cement was acquired by Heidelberg Materials."

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