Sweden: Swerock to acquire HeidelbergCement operations in Western Götaland

Swerock AB has signed a deal with HeidelbergCement Northern Europe to acquire the latter’s gravel and rock operations. The two companies have signed a letter of intent and are expected to reach a more comprehensive agreement on 1 September 2016.

The HeidelbergCement assets affected by this deal generated revenues of SEK110m (US$13m) in 2015.