Cement Australia, a venture between Heidelberg Materials and Holcim, has acquired the cementitious division of the Buckeridge Group of Companies to strengthen its presence in the Australian market.

Information on the Target

Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, recently announced its acquisition of the cementitious division of the Buckeridge Group of Companies (BGC), headquartered in Perth, Australia. Established in 1959, BGC has evolved from a property development and building company into an integrated construction and manufacturing entity. With a strong commitment to innovation and continuous improvement, BGC focuses primarily on the West Australian market, offering a comprehensive portfolio that includes cement, concrete, quarry, asphalt, and transport operations, along with a dedicated materials technology center.

As part of this acquisition, Cement Australia will gain access to a state-of-the-art cement grinding unit which boasts significant production capacities. This strategic move aligns with Cement Australia's objective to enhance its operational capabilities and product offerings in the competitive Australian cement and concrete market.

Industry Overview in Australia

The construction industry in Australia has been experiencing a substantial boom in recent years, driven by a combination of population growth, urbanization, and infrastructural developments. As one of the pillars of t