Cement and concrete company Adbri says it is assessing smaller acquisition opportunities in ready-mix concrete as it positions itself to take advantage of a robust housing construction market and a coming infrastructure boom.
Chief executive Nick Miller said confidentiality agreements prevented him from divulging any further details, but the group is on the front foot in a fragmented segment of the market where many smaller operators are family owned.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com