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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Sherman-Dixie deal shores up Forterra Building Products’ Southeast footprint

Sources: Forterra Building Products, Irving, Texas; CP staff

Forterra Building Products has acquired one of the largest independents remaining in pipe and precast: Sherman-Dixie Concrete Industries, operating eight plants in Tennessee, Kentucky, Alabama and Indiana. It is the second major deal Forterra Building Products has closed since its early-2015 spinoff from Heidelberg Cement—following by four months the acquisition of Minnesota-based Cretex Concrete Products, with 17 pipe, precast and prestressed plants across the upper Midwest.

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