The ACCC will not oppose the amended acquisition of BGC Cementitious by Cement Australia, Holcim, Heidelberg Materials Australia and Adbri. Under the amended deal, Cement Australia, Holcim and HMA acquire WA Cementitious (cement assets and some RMX plants), while Adbri acquires the majority of BGC's RMX, aggregates, asphalt, transport and materials technology assets.
Heidelberg Materials Australia has been awarded the Segmental Lining Concrete Supply contract for the Torrens to Darlington (T2D) project in South Australia. It will supply concrete for over 55,000 precast tunnel segments and build a dedicated batch plant at Waterloo Corner.
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.
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.