Heidelberg Materials North America announced that it has agreed to acquire a minority stake in AmeriTex Pipe & Products, a provider of reinforced concrete pipe, box culverts, and precast concrete products in Texas. The investment is designed to strengthen Heidelberg Materials’ footprint in key growth markets across the state.
AmeriTex operates one of the largest reinforced concrete pipe manufacturing networks in Texas, with manufacturing facilities located in the greater San Antonio and Austin area, the Dallas-Fort Worth Metroplex, and Houston. The partnership also includes a long-term material supply agreement between the two companies.
Heidelberg Materials North America said the investment aligns with its strategy of optimizing its portfolio and expanding in regions experiencing long-term infrastructure and construction growth. The company believes the partnership will create value for both organizations while supporting customer demand for construction materials and related solutions across Texas and North America.
AmeriTex said the partnership with Heidelberg Materials is expected to support future growth initiatives and broaden the range of products and proprietary solutions available to customers. The companies plan to collaborate on serving existing customers while pursuing new opportunities in the infrastructure and construction sectors.
Based in Irving, Texas, Heidelberg Materials North America is part of Heidelberg Materials, a global manufacturer of building materials and solutions. The company focuses on areas including sustainability, digitalization, and technical excellence across its operations.
KEY QUOTES:
“This strategic investment in AmeriTex reflects the latest step in optimizing our portfolio to further strengthen our business in key growth markets such as Texas. We believe the partnership with AmeriTex has significant value for both companies and is anchored with a long-term material supply agreement.”
Chris Ward, President and CEO, Heidelberg Materials North America
“Our AmeriTex team is proud to have Heidelberg Materials as our long-term partner. We look forward to collaborating with Heidelberg Materials to provide our current and future customers with a broad range of high-quality products and proprietary solutions. We believe this partnership will accelerate our mutual growth in Texas and across North America.”
Kevin Thompson, CEO, AmeriTex
“AmeriTex has high-quality assets in locations that are aligned with our existing footprint. We look forward to this strategic partnership to further strengthen our presence in this key growth market.”
Chris Hobby, President, Southwest Region, Heidelberg Materials North America
