Cement Australia has agreed to acquire the cementitious division of Buckeridge Group of Companies to strengthen its market position and sustainable offerings in Australia.

Target Information

Cement Australia, a joint venture formed by Heidelberg Materials Australia and Holcim Australia, has reached an agreement to acquire the cementitious division of the Buckeridge Group of Companies (BGC), a prominent player based in Perth, Australia. Established in 1959, BGC has evolved from a property development and building firm into an integrated construction and manufacturing powerhouse known for its innovative approaches and commitment to continuous improvement. The cementitious division focuses on the West Australian market and offers a diverse portfolio that includes cement, concrete, quarrying, asphalt, and transport services, along with a materials technology center. Notably, the acquisition encompasses a state-of-the-art cement grinding unit with significant production capabilities.

Industry Overview in Australia

The Australian construction and building materials industry is poised for strong growth, driven by ongoing infrastructure investments and a robust housing market. The demand for high-quality cement and cementitious products has been steadily increasing, fueled by government initiatives to enhance infrastructure across urban and regional areas. With a focus on sustainability, the industry is increasingly directing efforts towards innovative production methods and eco-friendly products to meet both regulatory requirements and consumer preferences.

Western Australia, in particular, has emerged as a significant hub for construction activities, resulting from its booming mining sector and a growing population necessitating housing and infrastructure dev