Holcim US announced today the acquisition of the business of King William Sand & Gravel Co., Inc., a private company with a long-standing presence in King William County, Virginia. With this strategic transaction, Holcim gains high-quality sand and gravel reserves that will serve the construction needs of customers in the Central Virginia area of the Mid-Atlantic region.
“Acquisitions that complement our strengths and expand our reach are a major part of Holcim US’ growth strategy,” said Toufic Tabbara, Holcim’s North America region head. “By welcoming King William Sand & Gravel, we’ll become an even stronger aggregates leader to meet our customers’ needs in the expanding Richmond and Central Virginia area.”
The acquisition complements Holcim’s existing operations and footprint in the region, which include more than 30 facilities that offer sand and gravel, crushed stone, asphalt, and ready-mix concrete solutions. King William Sand & Gravel operates a sand and gravel operation outside the Richmond metropolitan area, positioning the acquired business as a strategic asset for Holcim’s continued expansion of its aggregates business in a rapidly growing market.
“King William Sand & Gravel has strong roots in its community, including relationships with key players in the construction industry who are working to transform the Mid-Atlantic region’s roads, infrastructure, and buildings,” said Sridhar Goteti, senior vice president and general manager of Holcim’s Mid-Atlantic Region. “Their strengths will complement our supply and distribution segments and help us meet the growing demand for sustainable building solutions within this dynamic market. We look forward to welcoming King William’s team into the Holcim family.”