CEMENT AUSTRALIA to acquire BGC CEMENTITIOUS

CEMENT Australia has agreed to acquire BGC Cementitious in a strategic acquisition announced on 11 February 2025. The transaction involves the purchase of a business operating across multiple sectors including the manufacture of concrete products, cement, and related construction materials. No financial details regarding the deal value or specific consideration structure have been disclosed to the public at this time. The target operates within the broader construction and building materials industry, though the specific country of operation remains unconfirmed in available records.

The deal is currently subject to regulatory review and has not yet been completed. Both parties are proceeding with the necessary steps to finalise the transaction, pending the outcome of the ongoing assessment by relevant authorities. The transaction remains in the review phase as of the announcement date.