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Home News Heidelberg Materials’ JV Cement Australia to acquire BGC cementitious division

Heidelberg Materials’ JV Cement Australia to acquire BGC cementitious division

by Guy Woodford
December 11, 2024
in News, Rest of World
Reading Time: 1 min read
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Heidelberg Materials-backed joint venture Cement Australia has agreed to acquire the cementitious division of the Buckeridge Group of Companies (BGC). Image: Heidelberg Materials

Heidelberg Materials-backed joint venture Cement Australia has agreed to acquire the cementitious division of the Buckeridge Group of Companies (BGC). Image: Heidelberg Materials

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Heidelberg Materials-backed joint venture Cement Australia has agreed to acquire the cementitious division of the Buckeridge Group of Companies (BGC).

Founded in 1959 as a property development and building company, BGC grew to become an integrated construction and manufacturing business with a culture of innovation and a focus on continuous improvement. Focusing on the West Australian market, BGC Cementitious’ business portfolio is comprised of cement, concrete, quarry, asphalt, and transport operations as well as a materials technology centre. The transaction includes, among others, a state-of-the-art cement grinding unit with significant capacities.

“The acquisition of BGC complements and expands our growing business in Australia, marking an important strategic step to further strengthen our existing footprint in this attractive core market,” says Dr Dominik von Achten, Chairman of the Managing Board of Heidelberg Materials.

“The know-how around innovative products in combination with the newly-added operations from this iconic Western Australian business will also contribute to enhancing our offering of sustainable solutions to our customers,” says René Aldach, Member of the Managing Board of Heidelberg Materials and responsible for Australia.

The acquisition is subject to regulatory approval. Cement Australia, a joint venture of Heidelberg Materials and Holcim, is a leading supplier of cementitious products and services in Australia.

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