# Cement Australia, Holcim, Heidelberg Materials and Adbri to acquire BGC Cementitious assets

The ACCC will not oppose the amended acquisition of BGC Cementitious by Cement Australia, Holcim, Heidelberg Materials Australia and Adbri. Under the amended deal, Cement Australia, Holcim and HMA acquire WA Cementitious (cement assets and some RMX plants), while Adbri acquires the majority of BGC's RMX, aggregates, asphalt, transport and materials technology assets.

- Type: Acquisition
- Announced: 2025-09-11
- Where: Perth, Western Australia, Australia
- Value: $2.01B (1.85B EUR)
- Status: announced
- Products: cement, aggregates, ready-mix concrete, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lone Star Funds](https://endata.com/companies/8698.md) (partner)
- [Holcim](https://endata.com/companies/15354.md) (acquirer)
- [Xella Group](https://endata.com/companies/24464.md) (target)
- [Holcim Australia](https://endata.com/companies/39043.md) (acquirer)
- [Holcim Australia](https://endata.com/companies/39043.md) (investor)
- [Holcim Australia](https://endata.com/companies/39043.md) (partner)
- [Cement Australia](https://endata.com/companies/47692.md) (acquirer)
- [Adbri](https://endata.com/companies/49906.md) (acquirer)
- [Buckeridge Group of Companies](https://endata.com/companies/81668.md) (target)
- [Heidelberg Materials Australia](https://endata.com/companies/81690.md) (acquirer)
- [Heidelberg Materials Australia](https://endata.com/companies/81690.md) (investor)
- [Heidelberg Materials Australia](https://endata.com/companies/81690.md) (partner)
- [BGC Cementitious](https://endata.com/companies/83578.md) (target)

## Sources

- [accc.gov.au](https://www.accc.gov.au/media-release/accc-will-not-oppose-acquisition-of-bgc-cementitious-after-changes-to-transaction), 2025-09-11: "The ACCC will not oppose the acquisition of BGC Cementitious by Cement Australia, Holcim, Heidelberg Materials Australia and Adbri"
- [cemnet.com](https://www.cemnet.com/News/story/179908/accc-clears-amended-acquisition-of-bgc-cementitious-by-industry-leaders.html), 2025-09-12: "The ACCC has decided not to oppose the amended acquisition of BGC Cementitious by Cement Australia, Holcim, Heidelberg Materials Australia, and Adbri Pty Ltd."
- [holcim.com.au](https://www.holcim.com.au/holcim-strengthens-west-australia-presence-bgc-acquisition), 2025-09-29: "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."
- [quarrymagazine.com](https://www.quarrymagazine.com/key-player-cement-australias-recent-bgc-acquisition-welcomed/), 2025-10-02: "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."
- [cemnet.com](https://www.cemnet.com/News/story/180021/cement-australia-completes-acquisition-of-bgc-cementitious-division.html), 2025-10-03: "Cement Australia (CA), a joint venture between Holcim Australia and Heidelberg Materials Australia, has completed its acquisition of the cementitious division of the Buckeridge Group of Companies (BGC) effective 1 October 2025."
- [e.ccement.com](https://e.ccement.com/news/content/50002970114245001.html), 2025-10-10: "Cement Australia (CA), a joint venture between Holcim Australia and Heidelberg Materials Australia, completed the acquisition of the cement sector of the Buckeridge Group of Companies (BGC), effective October 1, 2025."
- [holcim.com](https://www.holcim.com/media/media-releases/holcim-to-acquire-xella), 2025-10-17: "This strategic acquisition is a milestone in our vision to be the leading partner for sustainable construction."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2025-10-20/holcim-agrees-to-buy-xella-in-2-2-billion-roofing-walls-deal), 2025-10-20: "Holcim Ltd. is set to acquire walling-systems firm Xella from private equity firm Lone Star Funds in a €1.85 billion ($2.2 billion) deal, extending the Swiss company’s bid to diversify beyond its core cement business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.