Heidelberg Cement’s Italcementi plan secures Canadian, nears U.S. regulator nods

Sources: HeidelbergCement AG, Heidelberg, Germany; CP staff

Lehigh Hanson Inc. and Essroc Cement Corp. integration is one step closer as the merger of parent companies HeidelbergCement and Italcementi S.p.A. paces a scheduled mid-summer closing. During the HeidelbergCement 2016 General Meeting, May 4 in Heidelberg, management informed shareholders of Competition Bureau of Canada approval and impending U.S. Federal Trade Commission clearance of a combined Lehigh Hanson and Essroc Cement business.

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