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CSR's bid for Complete Plaster approved by Australian watchdog

( July 7, 2026, 02:57 GMT | Official Statement) -- MLex Summary: CSR Building Products' acquisition of Complete Plaster & Reo has been approved by Australia's competition watchdog after a Phase 1 review found it was unlikely to substantially lessen competition. CSR, owned by France's Saint-Gobain, manufactures plasterboard, fiber cement and other building products under the Gyprock and Cemintel brands. Australia-based Complete Plaster distributes plasterboard, fiber cement and related products in the Port Macquarie region of New South Wales. The Australian Competition & Consumer Commission on July 7 said there was no horizontal overlap between the businesses because CSR did not have a direct distribution network in the region. The watchdog also found CSR would be unlikely to foreclose rival distributors because alternative suppliers of plasterboard and fiber cement products remain available.Statement follows. Determination attached. ...

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