Hanson Australia acquires Alex Fraser Group

Hanson Australia has acquired Alex Fraser Group, a leading provider of recycled construction materials and asphalt in Australia.

A subsidiary of the German multinational HeidelbergCement, Hanson Australia acquired the company after John Swire & Sons decided to sell Alex Fraser Group last year following a strategic review. The purchase price for the assets amounts to about €135 million (approximately $208 million AUD).

“The acquisition represents an important step for Hanson Australia and it further strengthens the market position in the urban centers of Melbourne and Brisbane,” said Chairman of the Managing Board of HeidelbergCement, Dr. Bernd Scheifele.

“In particular it will provide Hanson Australia with expertise in asphalt and construction materials recycling that complements the existing business and can be leveraged for entry into other markets. It is fully in-line with our strategy of value creating acquisitions, and we are expecting significant synergies.”

Established in 1879, Alex Fraser has become Australia’s leading provider of recycled construction materials and operates three facilities in Melbourne and two in Brisbane. It also produces asphalt out of two plants in Melbourne. Alex Fraser is expected to generate €20 million ($30 million AUD) of EBITDA in 2018 (including synergies of approximately €3 million ($4 million AUD). Alex Fraser will retain its brand and continue to operate as a stand-alone business.

HeidelbergCement is one of the world’s largest integrated manufacturers of building materials with leading market positions in aggregates, cement, and ready-mixed concrete. The company employs some 60,000 people at more than 3,000 locations in around 60 countries.

National waste and recycling body to advocate for industry

Several of Australia's largest waste firms have joined for NWRIC

A new body working to create a cohesive national vision for Australia’s waste management industry, the National Waste and Recycling Industry Council (NWRIC) has officially formed, following the first meeting of its executive in Sydney on February 13.

NWRIC has received support from Australia’s largest waste management companies – and has begun operations.

The Council will be empowered to begin its work thanks to the support of its national members – Alex Fraser Group, Cleanaway, J. J. Richards and Sons, Solo Resource Recovery, Suez, Toxfree, Remondis, ResourceCo and Veolia.

“The waste and recycling industry needs a national voice to advocate for a fair, sustainable and prosperous industry for all stakeholders,” said Phil Richards, Chairman of the NWRIC’s host association Board.

“Australia’s waste management industry is an essential service, and through the NWRIC, we will be asking the Commonwealth along with State Governments to support our initiatives to take the industry forward.”

The NWRIC will serve waste management enterprises by creating industry led policy. The Council will be led by newly appointed CEO Max Spedding, and supported by Secretariat manager Alex Serpo.

The NWRIC will work in close partnership with jurisdictional affiliates. This partnership will allow the Council to represent and canvas concerns from many of Australia’s 450 small and medium sized waste management enterprises. Together, state affiliates and the national office will coordinate to create, and advocate for, cohesive national policy.

From today, the Council will commence working to create, share and build support for policy positions which will move the industry forward. Initial areas of focus include better planning, a fair market, the national harmonisation of the regulations governing the industry and effective policing of standards.

The Council welcomes media enquiries, dialogue with waste management companies seeking involvement in the NWRIC and feedback from stakeholders.

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