Australian Competition and Consumer Commission to probe Barro Group’s Adelaide Brighton stake

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Australia: Barro Group, the family-owned supplier of premixed concrete, quarry machinery and associated products, has attracted the scrutiny of the Australian Competition and Consumer Commission (ACCC) over its 43% stake in Adelaide Brighton due to the possible overlap in the two companies’ roles as suppliers of cement, concrete and aggregates. The Advertiser reported that Adelaide Brighton chairman Raymond Barro defended the pairing, saying the companies had ‘complementary footprints’ with ‘limited crossover of products and locations in which for Adelaide Brighton and Barrow Group to compete.’

Last modified on 30 October 2019

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