Acquisition

RNS Number : 2768A

Breedon Group PLC

01 June 2021

 

1 June 2021  

Breedon Group plc

("Breedon" or the "Group")

Acquisition of Express Minimix

Breedon, a leading construction materials group in Great Britain and Ireland,   has acquired Micromix (Northern) Limited which trades as Express Minimix, a 'mini mix' concrete operator based out of Durham.

The company operates a fleet of 25 mixer trucks, specialising in delivering small loads of ready-mixed concrete and screeds, up to four cubic metres, to commercial and domestic customers across the North of England and parts of Scotland.

Express Minimix complements Breedon's existing mini mix businesses, which currently operate throughout the Midlands, East Anglia and parts of Southern England. It will draw material from Breedon's local ready-mixed concrete plants and extend the Group's reach across the north of the UK.

Mike Pearce, Managing Director GB Materials, commented: "Express Minimix is a great bolt-on acquisition for Breedon, it further strengthens our position in a key market for us and extends our market leading product and service offering for both new and existing customers."

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Information on Breedon Group

Breedon Group plc is a leading construction materials group in Great Britain and Ireland. It operates two cement plants and an extensive network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations.  The Group employs approximately 3,500 people and has over 1 billion tonnes of mineral reserves and resources. The Group's strategy is to continue growing through organic improvement and the acquisition of businesses in the heavyside construction materials market.

Enquiries:

Breedon Group plc Rob Wood, Chief Executive Officer James Brotherton, Chief Financial Officer Robert Coates, Head of I nvestor Relations Numis Securities (NOMAD and Joint Broker) Ben Stoop Oliver Hardy (NOMAD) HSBC (Joint Broker) Sam McLennan Joe Weaving Teneo (Public Relations Adviser) Matt Denham Claire Scicluna

01332 694010 07880 486329 020 7260 1000 020 7991 8888 020 7420 3180

 

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