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M&A Deal Summary

Boral Acquires Wagner Group Holdings - Construction Materials Assets Queensland

On November 8, 2011, Boral acquired building materials company Wagner Group Holdings - Construction Materials Assets Queensland from Wagner Group Holdings Pty for 163M USD

Acquisition Highlights
  • This is Boral’s 6th transaction in the Building Materials sector.
  • This is Boral’s 2nd largest (disclosed) transaction.
  • This is Boral’s 6th transaction in Australia.

M&A Deal Summary
Date 2011-11-08
Target Wagner Group Holdings - Construction Materials Assets Queensland
Sector Building Materials
Buyer(s) Boral
Sellers(s) Wagner Group Holdings Pty
Deal Type Divestiture
Deal Value 163M USD

Target

Wagner Group Holdings - Construction Materials Assets Queensland

Queensland, Australia
Wagner Group Holdings - Construction Materials Assets Queensland comprises quarry, concrete and related assets in the Darling Downs, South East Queensland and Townsville regions. In the Darling Downs region, Wagners’ construction materials assets comprise high quality quarry positions, 12 concrete plants, transport operations and a 60 per cent share in a flyash joint venture. The transaction will enhance Boral’s ability to service major Darling Downs/Surat Basin resources projects and the ongoing westward expansion of Queensland’s largest population base; In South East Queensland, Wagners’ network of concrete plants will extend Boral’s existing footprint in key growth corridors; and In North Queensland, the acquisition will add a concrete plant and a sand quarry which will enhance Boral’s position in Townsville.

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Buyer(S) 1

Buyer

Boral

Sydney, Australia
Category Company
Founded 1946
Sector Building Materials
Employees11,032
Revenue 5.7B AUD (2020)
DESCRIPTION

Boral is a multinational company focused on international building & construction materials supplier and products. Boral was founded in 1946 and is based in North Sydney, Australia.

DEAL STATS #
Overall 10 of 12
Sector: Building Materials M&A 6 of 8
Type: Divestiture M&A Deals 4 of 4
Country: Australia M&A 6 of 7
Year: 2011 M&A 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-19 Sunshine Coast Quarries Pty

Kenilworth, Australia

Sunshine Coast Quarries including a large scale quarry at Moy Pocket, a smaller quarry at Wondai and a concrete plant at Gympie. The Moy Pocket quarry is an efficient operation with long term high quality. The company was incorporated in 2010 and is based in Kenilworth, Australia.

Buy $82M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 Masonry Production Plant - Boral

Sydney, Australia

Sell -

Seller(S) 1

SELLER

Wagner Group Holdings Pty

Toowoomba, Australia
Category Company
Founded 1989
Sector Building Materials
DESCRIPTION

Wagner Group Holdings Pty Ltd. is a family owned business as a reputation for delivering high quality products and services internationally. Starting with three trading divisions - Wagners Concrete, Quarries and Transport. From the initial trading divisions, the company rapidly expanded to include cement, flyash and lime, reinforcing steel, on site concrete supply, contract crushing and bulk transport, as well as lightweight composite fibre products. Wagners have recently entered into the aviation market through the establishment of Brisbane West Wellcamp Airport.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2011 M&A 1 of 1
Size (of disclosed) 1 of 1
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