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.
The European Commission approved the acquisition of joint control of BGC Cementitious by Holcim (Australia) and Heidelberg Materials AG. The transaction concerns cement, concrete, asphalt and transport technology in Australia.
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.