Heidelberg Materials North America has announced a significant expansion in its operations with the acquisition of Carver Sand & Gravel, the largest aggregates producer in the Albany, New York area. This acquisition includes four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million tons of reserves, and approximately 200 employees.
The acquisition marks a strategic expansion for Heidelberg Materials into the northeastern U.S. market, specifically the Capital Region of New York, a vibrant area known for its diverse industries and proximity to major northeastern markets. The Capital Region, recognized as a tech hub, hosts 23 higher education institutions and sectors focused on digital innovation, clean energy, and semiconductors.
Carver Sand & Gravel, established in New York’s Capital Region, has an annual sales volume of approximately 1.8 million tons, with a capacity of around 3 million tons per year. The acquisition aligns with Heidelberg Materials’ strategic goals of optimizing its portfolio in core markets and growing through targeted acquisitions.
Matteo Rozzanigo, President of the Northeast Region for Heidelberg Materials North America, expressed enthusiasm for the acquisition, stating, “The Carver Sand & Gravel business is a great fit with Heidelberg Materials and further expands our footprint in the eastern portion of the very attractive New York market.”
Carver Laraway, President and CEO of Carver Companies and the Port of Coeymans, remarked, “We built Carver Sand and Gravel from scratch into a successful mining operation with a strong market position in our corner of New York. Partnering with Heidelberg Materials comes with incredible upside for everyone.”
Chris Ward, President and CEO of Heidelberg Materials North America, added, “This latest acquisition is reflective of our continued focus on optimizing 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.”
The deal also includes a strategic partnership between Heidelberg Materials and Carver Companies, focusing on land and marine logistics in the Albany area.
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