AML to sell concrete plants to Allied Concrete and Holcim in New Zealand

AML Limited, a joint venture between Allied Concrete and Holcim New Zealand, will sell its concrete plants. Holcim will operate 20 plants in the North Island and Ashby's Ready Mixed in Christchurch, while Allied Concrete will operate plants in Silverdale, Penrose, and Hautapu Rd. The new arrangements are subject to regulatory approvals and expected from November 2023.

“ACL and Holcim have mutually agreed to further their business strategies independently and conclude this joint venture.”holcim.co.nz

• 1 source
• holcim.co.nzAML to Sell Concrete Plants to Allied Concrete and HolcimSep 21, 2023

Summarized from public sources; check the original articles before acting on it.