Heidelberg Materials has acquired Midway Concrete's ready-mixed concrete business to strengthen its market presence in Australia and expand its sustainable product offerings.

Target Company Overview

Heidelberg Materials has announced its acquisition of the ready-mixed concrete business of Midway Concrete, a well-established family-owned company in Australia. Midway Concrete has built a reputation for delivering exceptional customer service and high-quality concrete products. The company operates four manufacturing plants strategically located in the greater Melbourne and Geelong areas, specifically in Laverton, Craigieburn, Melton, and Lara.

Industry Overview in Australia

The construction industry in Australia is experiencing robust growth, driven by increased demand for infrastructure development and residential projects. The ready-mixed concrete sector is a critical component of this industry, providing essential materials for various construction applications. As urbanization continues to accelerate, the need for sustainable and reliable concrete solutions is more crucial than ever.

Melbourne has emerged as a key market, where the construction industry is supported by strong population growth and ongoing urban development initiatives. The Greater Melbourne area is undergoing extensive infrastr