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Adbri on the hunt for concrete acquisitions

Simon Evans

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

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    Original URL: https://www.afr.com/companies/infrastructure/adbri-on-the-hunt-for-concrete-acquisitions-20210520-p57tr5