Heidelberg Materials North America has agreed to acquire Giant Cement Holding Inc. (GCHI) and its subsidiaries, including Giant Cement Company, Dragon Products, and Giant Resource Recovery, for approximately US$600 million. The acquisition includes cement plants and terminals across the Southeastern U.S. and New England. It will enhance Heidelberg’s East Coast network and contribute to its sustainability goals. The transaction, expected to close by Q1 2025, will add US$60 million in EBITDA in its first year.