One of the leading Australian manufacturer and distributor of concrete and clay building products, Brickworks Limited has announced the acquisition of Boral Limited’s NSW Masonry operations. The acquisition took place through Brickworks subsidiary Austral Masonry .
The Australian Competition and Consumer Commission made the announcement on the 24th of January 2013 that it would not oppose Brickwork’s acquisition of Boral Ltd’s NSW concrete masonry business.
According to Managing Director for Brickworks Building Products, Mr Lindsay Partridge, the acquisition will deliver Austral Masonry significant manufacturing, sales and administrative synergies, enabling an expanded paving and retaining wall product range to be offered along the East Coast.
He added that the acquisition will provide Brickworks with additional exposure to the expected strong growth in multi-residential construction in New South Wales over the medium term.
The acquisition will also establish Brickworks as the 2nd largest masonry manufacturer nationally, with strong positions in all key East Coast markets.
Brickworks Building Products is one of Australia’s largest manufacturers of bricks, pavers, masonry blocks, retaining wall systems, precast concrete panels, façade systems, roof tiles, and landscaping products, with its stable of brands including Austral Bricks, Austral Masonry, Austral Precast, Bristile Roofing, and Auswest Timbers.