How many acquisitions has Heidelberg Materials made so far?

Heidelberg Materials has completed 9 acquisitions so far, with an average acquisition amount of $600M.

Which countries does Heidelberg Materials usually acquire in?

Heidelberg Materials has made acquisitions in 6 countries with the most activity in Germany and United States.

Which is Heidelberg Materials' latest acquisition?

Heidelberg Materials's most recent acquisition is INKA Cement, a Company that produces and sells a range of cement and concrete products, acquired in September 2026.

Which sectors does Heidelberg Materials target for acquisitions?

Most of Heidelberg Materials's acquisitions are in Building Materials (5) and Waste & Water Management (2).

In which year did Heidelberg Materials make the most acquisitions?

Heidelberg Materials was most active in 2023, with 3 acquisitions completed in that year.

List of 9 Acquisitions by Heidelberg Materials (Nov 2026)

Most viewed in 2019

Heidelberg Materials has made a total of 9 acquisitions. These 9 acquisitions across 6 countries—including Germany, United States, and Malaysia—span 5 sectors: Building Materials, Waste & Water Management, and Construction Management Services. Peak activity occurred in 2023 with 3 acquisitions, while 2026 and 2024 each saw 2. The average number of acquisitions per year from 2020 to 2025 is 1.4, and the company has completed 2 acquisitions in the current calendar year. The most recent acquisition is INKA Cement, a producer of cement and concrete products founded in 2007 and located in Lurigancho Chosica, which was acquired in September 2026.

Here's the year on year acquisition history of Heidelberg Materials:

Number of Total Acquisitions

Year	# Acquisitions
2026	2
2024	2
2023	3
2022	2

View all Acquisitions by Heidelberg Materials

Recent acquisitions by Heidelberg Materials

Heidelberg Materials's most recent acquisition - INKA Cement is a Company that produces and sells a range of cement and concrete products, founded in 2007 and located in Lurigancho Chosica. Heidelberg Materials acquired a 70% stake in it in September 2026 for a price of $*****.

Here is the list of all acquisitions by Heidelberg Materials sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Sep 08, 2026	INKA Cement	auyr	ximy	14	255
Apr 20, 2026	Akcansa	ozqz	lluo	67	325
Nov 28, 2024	Giant Cement	lxav	smiy	14	818
May 01, 2024	ACE Group	qmbg	owxl	91	565
Apr 24, 2023	SEFA	wzxn	gm{r	31	185