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Buckeridge family to relaunch sale of West Australian builder BGC
Primrose RiordanSenior Reporter
The family behind the late Len Buckeridge’s construction group, BGC, plans to relaunch the sale of the building materials and home building company, its chief executive says, after it recorded a rise in losses to more than $63 million in the last financial year.
The company, one of Australia’s largest builders, had abandoned previous attempts to sell the business due to economic headwinds. The Perth-based BGC has been hit by a severe construction market slowdown caused by tight labour and rising costs.
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