Heidelberg Materials Australia has agreed to acquire the construction materials division of Maas Group Holdings Ltd, expanding its footprint in the Australian market. The deal, announced this week, will add to Heidelberg Materials’ existing portfolio of concrete, aggregates, and precast products.
The acquisition includes Maas Group’s concrete, aggregates and pre-mixed concrete operations. Heidelberg Materials did not disclose the financial terms of the transaction, but stated it anticipates the deal will strengthen its position as a leading supplier to the Australian construction industry.
Heidelberg Materials Australia, formerly known as Hanson Australia and before that Pioneer International, has a history dating back to 1949 when it was founded as Pioneer Readymix in Sydney. The company evolved through acquisitions and expansions, including operations in Hong Kong, the United Kingdom, Israel, and Italy, before being acquired by Hanson in 1999. In 2024, Hanson rebranded as Heidelberg Materials.
The company supplies heavy construction materials to commercial, civil, and residential projects across Australia, offering standard, decorative, and high-performance concrete, as well as quality aggregates and silica sand. Heidelberg Materials also focuses on low-carbon products, including Ecoterra and enrich-30/40/50, designed to reduce embodied carbon content.
Recent activity by Heidelberg Materials includes a joint venture with Cement Australia to acquire BGC Cementitious, and the strengthening of its Melbourne concrete operations through the acquisition of Midway Concrete. The company acknowledges the Traditional Custodians of the land on which it operates and pays respect to Aboriginal and Torres Strait Islander Elders past, present, and emerging.
Maas Group Holdings Ltd has not yet commented on the sale. Heidelberg Materials stated that the acquisition is subject to regulatory approvals and is expected to close in the coming months.
