05.04.2023 15:43

Holcim US Continues Aggregates Expansion in Rapidly Growing Colorado Market

  • The sustainable building solutions leader acquires an independent aggregates provider in the Colorado Springs area

Holcim US continues to strengthen its position in Colorado with its third acquisition in recent months in the rapidly growing state. Today the company announced the acquisition of Tezak Heavy Equipment (“Tezak”), a family-held aggregates producer and specialty civil construction business with deep roots in the Colorado Springs market.

The acquisition is highly complementary to Holcim’s position in the rapidly growing Colorado Springs market, bringing significant synergies with the building solution leader’s existing footprint.

“With Colorado among the leaders in U.S. population and GDP growth, Holcim understands how important construction in the region is and will become,” said Toufic Tabbara, Region Head, North America at Holcim US. “Partnering with companies like Tezak, a trusted regional aggregates and construction provider, we are able to build on our growth of the Colorado Springs market.”

The transaction includes all civil construction, trucking and maintenance operations, as well as four quarries near Colorado Springs which will provide decades of reserves in a growing market. The purchase of Tezak’s quarries compliments Holcim’s recent aggregate operations acquisitions in December 2022 and January 2023. 

Region: USA
Source: Holcim US
The use of materials published on the site is allowed only with the reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.
Share:  
The use of materials published on the site is allowed only with reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.
© 2007-2024 PetroCem Ltd
Privacy policy