Heidelberg Materials to Acquire Maas Group’s Construction Materials Business in Australia

Reuters

Feb 05

Heidelberg Materials to Acquire Maas Group’s Construction Materials Business in Australia

Heidelberg Materials is set to acquire the construction materials business of Maas Group Holdings, an Australian diversified industrial group listed on the ASX. The deal will add 40 quarries with reserves exceeding 350 million tonnes, 22 ready-mixed concrete plants, two asphalt operations, a recycling site, and related activities to Heidelberg Materials' portfolio. The acquisition, valued at AUD 1.7 billion on a cash and debt free basis, aims to strengthen Heidelberg Materials' position in Australia, particularly along the Eastern Seaboard, by expanding its aggregates, asphalt, and concrete supply capabilities. The transaction is expected to generate significant synergies and enhance the company's high-quality, sustainable product offering in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heidelberg Materials AG published the original content used to generate this news brief on February 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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