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CEMEX Australia was sold to Holcim in June 2009 as part of an AUD 2 billion takeover bid and is now known as Holcim Australia. The deal included the Readymix and Humes business units and CEMEX's 25% stake in Cement Australia (one of Australia's major cement manufacturers) but did not include the US-based Rinker Materials Corporation. [ 2 ]
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A series of mergers and buyouts made Holcim one of the two largest cement manufacturers worldwide by 2014, roughly tied with rival Lafarge. In April 2014, the two companies agreed to a US$60 billion "merger of equals". The company was the market leader in cement production in Australia, Azerbaijan, India, Slovakia, Switzerland, and Latin America.
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CSR Limited is a major Australian industrial company, producing building products and having a 25% share in the Tomago aluminium smelter located near Newcastle, New South Wales. It is publicly traded on the Australian Securities Exchange. In 2021, it had over 3,000 employees and reported an after-tax profit of $146 million.
Pioneer Concrete Logo Hanson concrete truck. In 1949, Pioneer Readymix was founded in St Peters, Sydney. In 1954 it was purchased by Tristan Antico and Kelvin Conley. [1] In 1954 a concrete plant was acquired in Canberra. In 1959 it was listed on the Sydney Stock Market as a public company. As well as acquiring further concreting businesses, it ...
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