Iceland

In Iceland, Heidelberg Materials has been active since 2003. Today, our activities comprise cement, aggregates and ready-mixed concrete, as well as the production of precast concrete products and mortar.

In 2003, Heidelberg Materials acquired a minority participation in the cement company Sementsverksmidjan based in Akranes near the capital Reykjavík. In 2012, additional minority participations in the ready-mixed concrete and precast concrete manufacturer BM Valla and the aggregates company Björgun followed. In 2014, Heidelberg Materials increased its shareholdings in these three companies to 53%.