Heidelberg Materials' subsidiary Hanson Australia has agreed to acquire the Elvin Group's concrete business, reinforcing its market presence and sustainability initiatives in the Australian Capital Territory.

Information on the Target

Hanson Australia, a subsidiary of Heidelberg Materials, is set to acquire the concrete business of the Elvin Group. Founded as the largest concrete producer in the Australian Capital Territory, Elvin operates two concrete plants, a concrete laboratory, a sand blending facility, and a supply outlet for equipment and accessories. The workforce includes approximately 85 employees and contractors, contributing significantly to the local economy.

This acquisition allows Hanson Australia to strengthen its position in the highly competitive concrete market in the Canberra region. With the integration of Elvin's operations, Hanson is well-positioned to enhance its service offerings and operational capabilities in this key area.

Industry Overview in Australia

The Australian concrete industry has experienced steady growth in response to the country's increasing urban development and infrastructure projects. The demand for