# Boral acquires Wagners quarry and concrete assets in Queensland

Boral will acquire Wagners' quarry, concrete and related assets in the Darling Downs, South East Queensland and Townsville regions, along with several land parcels. Around 275 employees will transfer to Boral. The deal includes a cement supply arrangement and is expected to complete in the second half of 2011.

- Type: Acquisition
- Announced: 2020-03-19
- Where: Queensland, Australia
- Value: $530.0M
- Jobs: 275
- Status: announced
- Products: quarry products, concrete, cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge S.A.](https://endata.com/companies/15776.md) (target)
- [Boral Limited](https://endata.com/companies/20115.md) (acquirer)
- [Wagners](https://endata.com/companies/43608.md) (target)

## Sources

- [quarrymagazine.com](https://www.quarrymagazine.com/boral-acquires-assets-from-wagners/), 2020-03-19: "Boral says it will buy Wagners’ quarry, concrete and related assets in the Darling Downs, South East Queensland and Townsville regions and several land parcels with future development potential."
- [quarrymagazine.com](https://www.quarrymagazine.com/boral-buys-out-gypsum-joint-venture/), 2020-03-19: "The acquisition of Lafarge's interest in LBGA is an outstanding opportunity to gain management control and own the majority of a high quality business with excellent growth prospects and strong earnings potential."

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