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Clock restarts on BGC Cementitious acquisition by Adbri, Cement Australia, Holcim, HMA

( August 27, 2025, 06:45 GMT | Official Statement) -- MLex Summary: The review of the proposed BGC Cementitious acquisition by Adbri, Cement Australia, Holcim and HMA has recommenced, with Australia’s competition watchdog announcing it had received the requested additional information. In a statement, the Australian Competition & Consumer Commission said it had restarted the clock on its review, setting Sept. 11 as the provisional deadline for an initial decision. The review of the acquisition has been repeatedly delayed because Adbri, an Australian building materials supplier owned by CRH ANZ and the Barro Group, was added as the fourth acquirer of BGC Cementitious. Under the restructured deal, Adbri would acquire certain assets from BGC Cementitious, while Cement Australia, Holcim and HMA will acquire the remaining assets. The full entry on the Australian Competition & Consumer Commission's website follows: ...

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