# Heidelberg Materials to acquire Giant Cement Holding for ~US$600M

Heidelberg Materials North America has signed a definitive purchase agreement to acquire Giant Cement Holding Inc. and its subsidiaries for approximately US$600 million. The transaction includes an integrated cement plant in Harleyville, South Carolina, distribution terminals, and an alternative fuel recycling business.

- Type: Acquisition
- Announced: 2024-12-02
- Where: Harleyville, South Carolina; Georgia; New Hampshire; Massachusetts, United States
- Value: $600.0M
- Status: announced
- Capacity: 800,000 tonnes of cement per year
- Products: cement, slag, alternative fuel recycling
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Giant Cement Holding](https://endata.com/companies/20376.md) (target)
- [Heidelberg Materials North America](https://endata.com/companies/70004.md) (acquirer)

## Sources

- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/heidelberg-material-in-acquisition-of-gchi), 2024-12-02: "The purchase price for the transaction is approximately $600 million subject to ordinary post-closing adjustments."

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