# Cement Australia to acquire division of BGC in Western Australia

Holcim's joint venture Cement Australia has signed an agreement to acquire a division of the Buckeridge Group of Companies (BGC) in Western Australia, including a cement grinding station, transport fleet, and innovation centre.

- Type: Acquisition
- Announced: 2024-12-10
- Where: Western Australia, Australia
- Value: $800.0M
- Status: announced
- Products: cement, concrete, quarry, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (investor)
- [Holcim](https://endata.com/companies/15354.md) (partner)
- [Heidelberg Materials](https://endata.com/companies/15605.md) (investor)
- [Heidelberg Materials](https://endata.com/companies/15605.md) (partner)
- [BGC](https://endata.com/companies/23053.md) (target)
- [Holcim Australia](https://endata.com/companies/39043.md) (partner)
- [Cement Australia](https://endata.com/companies/47692.md) (acquirer)
- [Buckeridge Group of Companies](https://endata.com/companies/81668.md) (target)
- [Heidelberg Materials Australia](https://endata.com/companies/81690.md) (partner)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/acquisition-buckeridge-group-companies), 2024-12-10: "The acquisition of this division of family-owned BGC will reinforce Holcim’s footprint in the attractive market of Australia."
- [watoday.com.au](https://www.watoday.com.au/national/western-australia/bgc-inks-deal-to-sell-off-its-cement-division-20241211-p5kxlw.html), 2024-12-11: "The construction giant confirmed the sale on Wednesday, with the Queensland-based joint venture between Holcim and Heidelberg Materials snapping up an arm of the business"
- [globalcement.com](https://www.globalcement.com/news/18821-cement-australia-to-acquire-bgc-cementitious-division), 2024-12-11: "Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, will acquire the cementitious division of the Buckeridge Group of Companies (BGC) in Perth for US$800m."
- [aggbusiness.com](https://www.aggbusiness.com/heidelberg-materials-joint-venture-cement-australia-expands-footprint-with-acquisition-of-bgc-cementitious/), 2024-12-11: "The acquisition of BGC complements and expands our growing business in Australia, marking an important strategic step to further strengthen our existing footprint in this attractive 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.