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Maas Group Divests $1.7B Construction Materials Unit to Fuel AI and Electrification Growth
8:42am on Thursday 5th of February, 2026 AEDT
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Construction Materials
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Maas Group Divests $1.7B Construction Materials Unit to Fuel AI and Electrification Growth
8:42am on Thursday 5th of February, 2026 AEDT
Key Points
Sale of Construction Materials division to Heidelberg Materials for $1.703 billion plus $120 million contingent consideration
Transaction expected to complete in second half of 2026, subject to regulatory and shareholder approvals
Proceeds to strengthen balance sheet, reduce net debt, and fund growth in electrification, digital infrastructure, and AI
MGH invests $100 million minority stake in AI infrastructure developer Firmus
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