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Maas Group’s $1.7B Divestment Signals Bold Shift to AI and Electrification
8:36am on Thursday 5th of February, 2026 AEDT
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Construction Materials
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Maas Group’s $1.7B Divestment Signals Bold Shift to AI and Electrification
8:36am on Thursday 5th of February, 2026 AEDT
Key Points
Sale of Construction Materials division to Heidelberg Materials Australia for $1.703 billion
Includes $120 million contingent on operational milestones
Approximately 1,140 employees to transfer to buyer
Proceeds to fund growth in digital infrastructure, electrification, and AI sectors
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Maas Group Holdings (ASX:MGH)
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