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News Adbri interested in buying parts of BGC

Adbri interested in buying parts of BGC

Written by Global Cement staff 06 May 2022
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Australia: Adbri’s chief executive officer Nick Miller has told investors at the Macquarie Australia Conference that his company is interested in buying parts of BGC, according to the Australian newspaper. Market analysts speculate that Adbri is interested in acquiring BGC’s cement, concrete and aggregate operations. However, Adbri is likely to face opposition from the Australian Competition & Consumer Commission with regards to any attempted offer for BGC’s cement business.

BGC reportedly started its latest attempt to sell the company in April 2022. An indicative bidding round is planned for June 2022.

Last modified on 11 May 2022
Published in Global Cement News
Tagged under
  • Australia
  • Adbri
  • Acquisition
  • BGC
  • interest
  • concrete
  • Aggregates
  • Australian Competition & Consumer Commission
  • GCW556

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