Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Carver Sand and Gravel, the largest aggregates producer in the Albany, New York, area. Included in this acquisition are four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million metric tons of reserves and about 200 employees. Heidelberg Materials and Carver Companies have also agreed on a strategic partnership in the Albany area for land and marine logistics.
“The Carver Sand and 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,” says Matteo Rozzanigo president of the Northeast Region for Heidelberg Materials North America.
“We built Carver Sand and Gravel from scratch into a successful mining operation with a strong market position in our corner of New York,” adds Carver Laraway, president and CEO of Carver Companies and the Port of Coeymans. “While this is a big step for our company, partnering with Heidelberg Materials comes with incredible upside for everyone.”