Eco Material Technologies completed the acquisition of Boral's North American Fly Ash business for $755m.

Eco Material Technologies completed the acquisition of the North American Fly Ash business from Boral, a multinational company manufacturing and supplying building and construction materials, for $755m. “This is a significant milestone that supports our strategy to refocus on our construction materials business in Australia. As was the case with building products in the US, Boral has owned and operated fly ash businesses in the US for some 40 years. It has been an important part of Boral’s history and we recognise and value the contribution our employees and customers in North America have made to Boral over that time. This change of ownership to Eco Materials Technologies, which is focused on growing the business, will be a positive outcome for our people and customers in the Fly Ash business,” Zlatko Todorcevski, Boral CEO & Managing Director.