# Barro Group acquires 43% stake in Adelaide Brighton

Barro Group acquired a 43% stake in Adelaide Brighton over a number of years. The ACCC closed its investigation, finding the acquisition will not substantially lessen competition.

- Type: Acquisition
- Announced: 2020-01-29
- Where: Australia
- Status: completed
- Products: cement, pre-mixed concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Adelaide Brighton](https://endata.com/companies/28210.md) (target)
- [Barro Group](https://endata.com/companies/44862.md) (acquirer)

## Sources

- [accc.gov.au](https://www.accc.gov.au/media-release/accc-closes-investigation-into-completed-barro-adelaide-brighton-acquisition), 2020-01-29: "Barro’s stake in Adelaide Brighton will not substantially lessen competition."
- [accc.gov.au](https://www.accc.gov.au/public-registers/mergers-and-acquisitions-registers/public-informal-merger-reviews-register-2002-25/completed-acquisition-of-a-43-interest-in-adelaide-brighton-ltd-by-barro-group-pty-limited-andor-its-related-entities), 2020-01-30: "Barro Group Pty Ltd and its related entities have, through a series of share purchases, acquired a 43% stake in Adelaide Brighton Ltd."

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