Boral has confirmed the acquisition of Sand Supplies Pty Ltd in a move to expand its presence in the construction materials market in Victoria.
The transaction includes Sand Supplies’ two sand quarries in Glen Forbes and Grantville with its employees set to be transferred to Boral.
Boral executive general manager for concrete and quarries south Matt McKenzie said the agreement will consolidate Boral’s sand supply for its operations as well as customers.
“The strategic acquisition of high-quality sand quarries in close proximity to the Melbourne metropolitan area, will complement our Bacchus Marsh and Sandy Creek positions in the west and supplement our Grantville JV supply in the east to meet infrastructure and development needs in Victoria’s capital,” he said.
“The quarries will play an important role in providing essential construction materials to our vertically integrated operations, that are supplying the key infrastructure projects in the greater Melbourne area.
“Sand Supplies has a proud reputation for quality and service, and we look forward to continuing that tradition as part of Boral.
“Importantly, we welcome the Sand Supplies employees who will continue their employment as part of the Boral team.
“The sites are high-quality and well-established with a large capacity, near a new sand processing plant and long-term sand reserves that will provide security of supply to customers and our integrated business.”
After announcing the acquisition, Boral hosted the workers from Glen Forbes and Grantville at a welcome lunch which included a visit from McKenzie, Boral people and culture manager Sam Toppenberg and Boral general manager quarries Victoria Duncan Harris.
It follows Boral’s acquisition of Culcairn Quarry and Booyal Quarries last year which solid its presence in Albury-Wodonga and the Wide Bay region in Queensland respectively.
.jpg){kind=small}
.jpg){kind=small}
