Cement Australia's acquisition of BGC Cementitious assets cleared by European Commission

The European Commission approved Cement Australia's proposed acquisition of certain assets of BGC Group, BGC Cementitious. The deal is jointly controlled by Holcim Australia and Heidelberg Materials Australia. Further approval from the ACCC is pending.

“The European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified treatment for certain concentrations under Council Regulation.”quarrymagazine.com

• 1 source
• quarrymagazine.comCement Australia's proposed acquisition takes next steps - QuarryAdam DauntApr 3, 2025

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