SYDNEY, AUSTRALIA: Boral Limited (ASX: BLD) has entered into an agreement with Eco Material Technologies Inc. to sell its North American Fly Ash business for a total consideration of US$755 million, a news release said. This transaction will complete Boral’s portfolio realignment and strategic refocus back on its construction materials business in Australia. Boral’s CEO…
SYDNEY, AUSTRALIA: Boral Limited has entered into an agreement with Allied Natural Wood Enterprises Pty Limited (Pentarch Group) to sell its Australian hardwood and softwood timber business for $64.5 million, subject to customary completion adjustments, a news release said. The divestment of the timber business, which is expected to be completed in 2021, is in…
Boral Limited is a multinational company manufacturing and supplying building and construction materials. Founded in Australia, it also has extensive operations in the United States and Asia. With revenue for total operations of A$5.86 billion (2019), Boral has about 17,000 employees working across 17 countries at 672 operating sites and 154 distribution sites. Its headquarters…