We are proud to have advised on a significant dual transaction in the New Zealand construction materials sector.
Holcim New Zealand has acquired the ready-mix concrete business and associated assets from Stevenson. In a complementary, contemporaneous transaction, Fulton Hogan has acquired aggregate quarry assets from Holcim.
The transaction strengthens Holcim's ready-mix concrete capabilities along a key growth corridor, reflecting its ongoing commitment to customer service, safety and sustainable construction solutions.
The deal team was led by Buddle Findlay partner Rupert Rouch and senior associate Victoria Stillwell, with support from solicitor Sarah Averill. The corporate team was assisted by Ed McGimpsey and Bineprit Singh (property), Tony Wilkinson (tax) and Susie Kilty (regulatory).
Congratulations to all at Holcim and Fulton Hogan on these important transactions.