Holcim's joint venture Cement Australia is set to acquire a division of the Buckeridge Group of Companies to strengthen its position in the Australian building materials market.

Target Information

Holcim, through its joint venture Cement Australia, has entered into an agreement to acquire a division of the Buckeridge Group of Companies (BGC), which is based in Perth, Western Australia. This acquisition marks a significant step in Holcim's strategy to expand its operations in the attractive Australian market. The division includes a diverse range of assets—specifically, a modern cement grinding station, a transport fleet, and an accredited innovation center—aimed at enhancing Cement Australia’s capacity and offerings.

BGC, founded in 1959 by Len Buckeridge, has evolved from a residential property developer into an integrated construction and manufacturing powerhouse, primarily serving Western Australia. The specific BGC division being acquired encompasses operations in cement, concrete, quarrying, and asphalt, along with a Materials Technology Centre. Cement Australia, a joint venture between Holcim and Heidelberg Materials, is recognized as a leading supplier of building materials within the region.

Industry Overview in Australia

The construction industry in Australia is poised for growth, driven by a strong demand for residential and commercial infrastructure. The Australian government’s commitment to infrastructure development, coupled wi