Heidelberg Materials to Acquire NCC’s Aggregates and Asphalt Business in Sweden and Norway

Heidelberg Materials Nordics has agreed to acquire NCC AB’s aggregates and asphalt operations in Sweden and Norway, strengthening its position in both markets and expanding its capacity to serve growing infrastructure demand.

The business operates 106 aggregates sites and 44 hot-mix asphalt plants. The transaction has an enterprise value of approximately SEK 5.5 billion on a cash- and debt-free basis.

The acquisition will complement Heidelberg Materials’ existing cement, aggregates, ready-mixed and precast concrete operations in the region. The deal is subject to regulatory approval.