Shareholders rejoiced earlier this year when Adbri received a $2.1 billion takeover offer from a consortium comprising Dublin-based CRH’s Australian subsidiary and major shareholder Barro Group.

The deal, for $3.20 per share, included a plum 41 per cent premium for shareholders.

The company delisted in June, and now that it’s under foreign and interstate ownership Adbri will no longer feature in the 2024 South Australian Business Index.

The Index is Adelaide’s most trusted and comprehensive ranking of the top 100 companies in the state.

Last year, Adbri placed in 10^th position on the Index, just below Discovery Parks but shoved Codan out of the coveted bracket.

At the time, Adbri was generated $1.8 billion in revenue which was enough to push it into the top 10 for 2023.

Now, with Adbri ineligible for the Index, there’s a sizeable hole in the list, alongside Peregrine which recently completed its sale of OTR to Viva Energy.

This year, there are three new entrants into the top 10 of the Index. While we’re tight-lipped on the makeup of the list until the SA Business Index is revealed in its entirety on Friday, perhaps we’ll remind you of the up-and-comers from 2023.

As mentioned previously, Codan missed out by a hair from a top 10 placement in 2023 but rose by four positions to hit 11.

Land Services SA also fell out of the top 10 in 2023, sliding to 12^th, while Elders suffered a six-position fall to hit 13^th.

RAA climbed up three positions last year to 16^th and may well rise again, while Chryosys Corporation enjoyed a 15-position leap last year to hit 17^th.

Perhaps Coopers could also make a spectacular jump from 20^th to the top 10, though that remains to be seen; the SA beer and wine industry fell as a whole in 2024.

Whichever company fills the Adbri void, you’ll find out on Friday when the 2024 South Australian Business Index is officially unveiled.