Boral acquire Wallan Concrete
Strategic acquisition of recently built concrete plant in Melbourne outer north growth corridor
BORAL Ltd have today completed acquisition of Wallan Concrete and their recently built plant located about 45km north of Melbourne.
The strategic acquisition of the concrete plant will provide additional capability to service customers in an identified growth corridor as part of Boral’s integrated operations.
Matt McKenzie, Boral’s executive general manager - Concrete & Quarries South, said the acquisition bolsters Boral’s footprint in Melbourne’s outer north growth corridor and would complement the company’s existing concrete batching plant and quarry at Wollert.
‘We know the long-term growth projection in Melbourne – particularly to the north – is strong, and Wallan Concrete’s proximity to the market, adjacent to the Hume Freeway, makes them well-positioned to service existing and future customers,’ he said.
‘The plant is practically brand new and we’re very excited to have this great asset now part of our integrated operations with its potential to supply key projects in the Melbourne North region.
The Wallan Concrete site, which operates six days a week, has a dry batch concrete plant, four cementitious silos, 10 raw material ground bins, a modern office with driver facilities, and undercover truck parking.