Heidelberg Materials buys Midway Concrete plants

Heidelberg Materials acquires Midway Concrete to strengthen Australian ready-mix footprint

Heidelberg Materials has announced the acquisition of the ready-mixed concrete business of Midway Concrete, a family-run supplier based in Victoria, Australia. The move will see Heidelberg take over four plants in the Melbourne and Geelong areas, as the company continues to grow its operations in key global markets.

The deal, announced on 16 April 2025, forms part of Heidelberg Materials’ strategy to strengthen its integrated materials supply chain and expand its offering of sustainable construction solutions.

Midway Concrete operates plants in Laverton, Craigieburn, Melton, and Lara, and has built a strong reputation for high-quality products and customer service. The acquisition is described as a “bolt-on” investment, complementing Heidelberg’s existing concrete and quarry assets in the region.

Dr Dominik von Achten, chairman of the managing board of Heidelberg Materials, said: “This bolt-on acquisition complements our existing concrete and quarry operations within Melbourne, strengthening our integrated market position in an attractive region. It reflects our strong commitment to further expand our footprint in core markets as part of our ongoing portfolio optimisation.”

The transaction is still subject to regulatory approval and is expected to complete by mid-2025. Financial details of the deal have not been disclosed.

The Midway purchase is the latest in a series of acquisitions for Heidelberg Materials in Australia. In December 2024, its joint venture Cement Australia agreed to acquire the cementitious division of the Buckeridge Group in Perth, pending approval. Around the same time, Heidelberg completed the acquisition of the concrete division of the Elvin Group, the largest ready-mix supplier in the Australian Capital Territory.