US: Heidelberg Materials North America has acquired a minority stake in precast concrete elements producer AmeriTex Pipe & Products. AmeriTex Pipe & Products supplies pipes, box culverts and other precast concrete products in Austin, Dallas-Fort Worth, Houston and San Antonio, Texas. The companies also concluded a long-term materials supply agreement.
Heidelberg Materials North America CEO Chris Ward called the move the ‘latest step in optimising our portfolio to further strengthen our business in key growth markets such as Texas.’
