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Heidelberg Materials to acquire NCC's Nordic assets

PRIVATEOct 11, 2026

Acquiring Company

Heidelberg Materials

Acquired Company

NCC

SalisburyReal EstateConstructionBuilding Maintenance

Description

Heidelberg Materials has announced its acquisition of the Swedish and Norwegian aggregates and asphalt operations of NCC AB for SEK 5.5 billion. This deal increases Heidelberg's market presence in Northern Europe and expands its raw materials capabilities. The completion of the acquisition is subject to regulatory approval. Heidelberg also recently increased its stake in its Turkish subsidiary Akçansa to 94.83%.

Company Information

Company

Heidelberg Materials

About

Heidelberg Cement is a German multinational building materials company and the world's fourth-largest cement producer. It entered the Indian market in 2006 through a series of domestic acquisitions and currently operates four plants with a combined yearly capacity of 12.6 million metric tonnes. Heidelberg Cement has been a key player in the Indian cement industry and has a strong foothold in the market.

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Frequently asked

Who acquired NCC?

NCC was acquired by Heidelberg Materials. The deal was reported on October 11, 2026. Heidelberg Cement is a German multinational building materials company and the world's fourth-largest cement producer. Heidelberg Materials is privately held.

When did Heidelberg Materials acquire NCC?

Heidelberg Materials's acquisition of NCC was reported on October 11, 2026. Heidelberg Materials has announced its acquisition of the Swedish and Norwegian aggregates and asphalt operations of NCC AB for SEK 5.5 billion. This deal increases Heidelberg's market presence in Northern Europe and expands its raw materials capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NCC do?

At yesterday's Betonggala, Kungsörnen in Helsingborg won the Environmental Award of the Year for "showing that new construction of apartment buildings can take place with low climate impact, cost efficiency and maintained quality and standard". It is privately held, operating in Real Estate, and is based in Salisbury.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.