# Heidelberg Materials to acquire Maas Group's construction materials business

Heidelberg Materials Australia has entered into a binding agreement to acquire the construction materials division of Maas Group Holdings for an enterprise value of AUD 1.7 billion. The deal includes 40 quarries, 22 concrete plants, two asphalt operations, and a recycling site.

- Type: Acquisition
- Announced: 2026-02-04
- Where: New South Wales, Queensland, Victoria, Australia
- Value: $1.10B (1.70B AUD)
- Status: announced
- Products: aggregates, ready-mixed concrete, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Heidelberg Materials](https://endata.com/companies/15605.md) (acquirer)
- [MAAS Group](https://endata.com/companies/60219.md) (target)

## Sources

- [heidelbergmaterials.com.au](https://www.heidelbergmaterials.com.au/en/news/media-releases/maas-construction-materials-acquisition-agreement), 2026-02-04: "Heidelberg Materials Australia has entered into a binding agreement to acquire the construction materials business of Maas Group Holdings."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/heidelberg-materials-expands-australian-footprint-with-maas-group-acquisition/), 2026-03-02: "We are taking a significant step to expand our business in Australia, focusing on further improving our aggregates capacity and concrete supply capabilities in a core market."

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