Brief: Heidelberg Materials Acquires Maas Group's Construction Materials Business

Heidelberg Materials AG

05/02/2026 06:06

Feb 5 (Reuters) - HEIDELBERG MATERIALS AG HEIG.DE:

EXPANDS FOOTPRINT IN CORE MARKET AUSTRALIA BY ACQUIRING MAAS GROUP'S CONSTRUCTION MATERIALS BUSINESS

TRANSACTION INCLUDES 40 QUARRIES WITH COMBINED RESERVES OF OVER 350 MILLION TONNES, 22 CONCRETE PLANTS, TWO ASPHALT OPERATIONS, AND A RECYCLING SITE

TRANSACTION REFLECTS A TOTAL ENTERPRISE VALUE OF AUD 1.7 BILLION ON A CASH AND DEBT FREE BASIS

PARTIES EXPECT TO COMPLETE TRANSACTION IN SECOND HALF OF 2026

Source text: ID:nPLX0D05FC

Further company coverage: HEIG.DE

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