Holcim Australia, Heidelberg Materials Australia and Adbri have welcomed the confirmation of Cement Australia’s acquisition of Buckeridge Group of Companies’ cementitious assets.
Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, received approval from the Australian Competition and Consumer Commission (ACCC) in recent weeks following changes to the acquisition’s structure. The overall transaction includes BGC’s cement, concrete, quarry, asphalt, transport operations, and a materials technology centre.
Holcim Australia will take over two BGC ready-mix concrete sites in Canning Vale and Naval Base in Perth. The two sites add to Holcim’s existing network of over 20 ready-mix plants in the state.
Holcim Australia and New Zealand chief executive officer George Agriogiannis said the deal will enhance the company’s offering in Western Australia.
“The addition of these facilities – and the talented people who operate them – strengthens our position in the West Australia market and ensures greater security of supply for our customers,” he said.
“This complements our existing footprint in WA and will help streamline logistics, further enhance our service capability, and expand our sustainable, innovative and high-value building solutions in the West.”
Heidelberg Materials Australia has secured BGC’s ready-mixed concrete and associated logistics operations at Bassendean as part of the deal.
“This acquisition marks a pivotal step in our strategic growth trajectory in Australia allowing us to further strengthen our capability in an attractive, high-growth region and reinforces Cement Australia’s position as a key player in the national cement industry,” Heidelberg Materials Australia chief executive officer Phil Schacht said.
“[The Bassendean teams’] expertise and commitment will be invaluable as we work together to ensure continuity, quality and service excellence for our customers in Western Australia.”
Adbri also welcomed select BGC assets into its operational network as part of the transaction. The addition of the WA-based assets for Adbri follows its recent acquisition of Premix Concrete SA in Adelaide.
“These well-respected businesses strengthen our ability to support customers with high-quality products and services across Western Australia and South Australia,” the company posted.
“Together, with more than 2000 employees nationwide, we’re building a strong future and continuing Adbri’s 140-plus year tradition of providing essential construction materials that help build a better Australia.
“We’re excited to have our new team members, customers and suppliers on the journey with us.”
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