Heidelberg Materials Acquires Midway Concrete to Expand Sustainable Concrete Supply in Australia

Heidelberg Materials Acquires Midway Concrete to Expand Sustainable Concrete Supply in Australia

(IN BRIEF) Heidelberg Materials has announced the acquisition of the ready-mixed concrete operations of Midway Concrete, a family-run company operating four plants in the Melbourne and Geelong areas. This move strengthens Heidelberg Materials’ integrated operations in Australia and extends its portfolio of sustainable construction solutions. The transaction follows two other recent acquisitions in the country and aligns with the company’s broader strategy to grow in core markets. Completion is expected by mid-2025, pending regulatory approval.

(PRESS RELEASE) HEIDELBERG, 16-Apr-2025 — /EuropaWire/ — Heidelberg Materials is strengthening its presence in Australia with the acquisition of Midway Concrete’s ready-mixed concrete operations. The deal, which remains subject to regulatory approval, will add four strategically located concrete plants to Heidelberg Materials’ network in the greater Melbourne and Geelong areas—Laverton, Craigieburn, Melton, and Lara.

Midway Concrete, a well-established, family-owned company known for high-quality products and dependable service, has built a strong reputation in the region. The integration of its operations represents a seamless fit with Heidelberg Materials’ existing business in the area and supports the company’s strategy of bolstering its footprint in core growth markets.

“This bolt-on acquisition complements our existing concrete and quarry operations within Melbourne, strengthening our integrated market position in an attractive region,” said Dr. Dominik von Achten, Chairman of the Managing Board of Heidelberg Materials. “It reflects our firm commitment to portfolio optimisation and strategic growth. Our customers will benefit from enhanced access to sustainable solutions as we further diversify our offering in the region.”

The acquisition of Midway Concrete comes on the heels of two recent moves in Australia. In December, Heidelberg Materials’ joint venture, Cement Australia, announced its intent to acquire the cementitious division of Perth-based Buckeridge Group of Companies, pending regulatory approval. That same month, Heidelberg Materials also completed the acquisition of Elvin Group’s concrete business in the Australian Capital Territory.

With this new addition, Heidelberg Materials continues its momentum in expanding its product portfolio and delivering sustainable construction materials to meet growing demand across Australia.

About Heidelberg Materials

Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete. We are represented in more than 50 countries with around 51,000 employees at almost 3,000 locations. At the centre of our actions lies the responsibility for the environment. As the front runner on the path to carbon neutrality and circular economy in the building materials industry, we are working on sustainable building materials and solutions for the future. We enable new opportunities for our customers through digitalisation.

Media Contact:

Christoph Beumelburg
Director Group Communication & Investor Relations
Tel: +49 6221 48113-249
info@heidelbergmaterials.com

SOURCE: Heidelberg Materials