Processing timeline
59
days
Filed
28 Apr 2026
Decision Due
TBC
Est decision date: 22 May 2026. Based on 3 decided Resources & Mining notifications.
Acquirer(s)
BQC Group Pty Ltd [yet to be incorporated]
Target(s) or Vendor(s)
M&T Populin Pty Ltd ACN - 092 648 078, BQC Registrations Pty Ltd ACN - 613 361 041, TWIN ROCK PTY. LTD. ABN - 84 092 733 867, BQC SANDS PTY LTD ABN - 92 662 904 190, BURDEKIN CONCRETE PTY. LTD. ABN - 25 010 095 253, COLEVALE ESTATES PTY LTD & M & T POPULIN PTY LTD & TWIN ROCK PTY LTD ABN - 14 440 726 153
Other parties
Barro Group Pty Ltd ACN - 005 105 724, MT. MARROW BLUE METAL QUARRIES PTY. LTD. ABN - 64 004 879 930
Barro Group Pty Ltd, via a subsidiary, acquired the quarry and concrete business and specified assets of BQC Quarries and Burdekin Concrete through an asset purchase. This transaction involves hard rock and sand quarrying operations and ready-mix concrete manufacturing in Northern Queensland, where both parties operate.
Barro Group Pty Ltd (Barro), via a subsidiary proposes to acquire by asset purchase the quarry and concrete business and specified assets (the Target) operated by Colevale Estates Pty Ltd, M&T Populin Pty Ltd and Twin Rock Pty Ltd, as the BQC Quarries partnership, and BQC Registrations Pty Ltd, BQC Sands Pty Ltd and Burdekin Concrete Pty Ltd (the Sellers) (the Acquisition). Barro is a seller and distributor of pre-mixed concrete, quarry products and various associated products across Australia. In Northern Queensland, Barro owns and operates Townsville Concrete, which is supplied by its hard rock quarry on the Black River (north of Townsville) and also operates a sand quarry on the Haughton River (south of Townsville). The Target assets are the Sellers’ hard rock and sand quarrying operations in Burdekin and Bowen in Northern Queensland, as well as Burdekin Concrete, which manufactures ready mix concrete in Burdekin. Both Barro and the Target operate sand quarries, hard rock quarries, and RMX plants in the general region.