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Boral acquire Booyal Quarries

Boral have acquired strategically significant Booyal Quarries in Queensland
Boral have acquired strategically significant Booyal Quarries in Queensland

Company completes strategically significant hard rock quarry acquisition in Queensland

BORAL have announced the completion of the acquisition of Booyal Quarries in Queensland, a 75ha hard rock quarry located 60km south-west of Bundaberg, in the Wide Bay region, for an undisclosed sum.

The strategic acquisition will provide security of supply to the company’s Wide Bay customers and integrated network, including asphalt and concrete plants at Hervey Bay, Bundaberg, and Maryborough. It will also see the continued employment of skilled workers at Booyal as they transfer to Boral.

 

Paul Noakes, Boral’s executive general manager for concrete and quarries North, said the acquisition would provide the company with a competitively strong quarry position to meet the infrastructure and development needs of the rapidly growing region.

‘The strategic acquisition of Booyal Quarries in Queensland will underpin Boral’s ongoing commitment to servicing the high-growth Wide Bay region.

‘Booyal Quarries will play a crucial role in providing quarry materials to Boral's local downstream asphalt and concrete operations to supply construction materials for the region’s robust infrastructure and development pipeline.

‘Importantly, we look forward to welcoming Booyal Quarries’ staff who will continue their employment as part of the Boral team.

‘Booyal Quarries is a high-quality and well-established business in the region with significant quarry rock reserves, providing security of supply to our local operations.

‘The hard rock quarry currently supplies a full range of products including Transport and Main-Roads certified aggregates and road bases.’

 

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