Munich / Berlin, November 24, 2022 – Heidelberger Sand und Kies GmbH, a subsidiary of Heidelberg Materials (HeidelbergCement), will acquire Berlin-based RWG I Holding GmbH from ADCURAM Group GmbH as of January 1, 2023, subject to the approval of the antitrust authorities. RWG I Holding GmbH is a leading company in the demolition and construction materials recycling sector with other complementary business areas. With three attractive locations in Berlin and 250 employees, the company generates more than 50 million euros in sales per year.
Christian Knell, spokesman for Heidelberg Materials Management Germany, says: “With the purchase of RWG, Heidelberger Sand und Kies GmbH is strengthening its two-pronged raw materials strategy in the Berlin area. In addition to primary mineral raw materials, recycled aggregates, among other things for the production of recycled concretes, can be increasingly offered in the future. Our long-term goal is to establish a circular economy and thus give priority to the use of recycled aggregates over primary raw materials in the manufacture of our products.”
Heidelberger Sand und Kies Managing Director Thomas Wittmann added: “RWG, with its market presence and good reputation in the industry, is an excellent fit for us and will help us meet our customers’ increased demand for sustainable building materials in the greater Berlin area.”
ADCURAM had acquired the RWG Group in 2019 as part of a succession solution and in recent years has built up the management team, professionalized the reporting and financial structures, and made an additional purchase before the end of 2022 to strengthen its growth potential.
Henry Brickenkamp, Managing Director at ADCURAM and operationally responsible for the RWG Group, sees the transaction as a confirmation of the management team: “The managing directors of the RWG Group have steadily expanded their market position in their respective areas and significantly professionalized the company. The company is therefore the clear market leader in Berlin.” Broder Abrahamsen, also ADCURAM Managing Director, adds: “We are pleased to have found a renowned partner for RWG in Heidelberg Materials, who will continue the company on the road to success.”
About Heidelberg Materials
Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates and ready-mix concrete. The company has more than 51,000 employees at almost 3,000 sites in over 50 countries. Around 4,200 employees work in Germany. As a pioneer on the road to CO2 neutrality and a circular economy in the building materials industry, Heidelberg Materials is working on sustainable building materials and solutions for the future. Heidelberger Sand und Kies GmbH is a subsidiary of Heidelberg Materials and operates 40 sites across Germany with around 450 employees. www.heidelbergcement.de
ADCURAM is a privately owned industrial group. ADCURAM acquires companies with potential and develops them actively and sustainably. For the future growth of the group, the capital-strong industrial holding company has a total of 300 million euros available for acquisitions. With the help of its own 40-strong team of experts, the industrial holding company continues to develop its holdings strategically and operationally. With eight holdings and more than 4,500 employees worldwide, the group generates sales of around 800 million euros.
ADCURAM sees itself as an entrepreneurial investor and invests in succession planning and corporate spin-offs.