Heidelberg's bid for Maas cleared by Australian watchdog with conditions
( July 31, 2026, 03:49 GMT | Official Statement) -- MLex Summary: Germany-based Heidelberg Materials has won conditional approval from Australia's competition watchdog to acquire Maas Group Holdings' construction-materials business after agreeing to divest three ready-mix concrete plants in New South Wales and Queensland and a Queensland quarry to address competition concerns. The Australian Competition & Consumer Commission on Friday said the divestitures would preserve effective competition in the supply of ready-mix concrete and coarse aggregates. The decision marks the watchdog's first Phase 1 approval with conditions under Australia's new mandatory merger regime, which took effect on Jan. 1.Statement follows. Determination attached. ...
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