BEAR Scotland Contract Win

RNS Number : 7123I

Breedon Aggregates Ld

03 June 2014

 



   News release

3 June 2014

BREEDON AGGREGATES' ASSOCIATE BEAR SCOTLAND

WINS NE SCOTLAND 4G ROAD MAINTENANCE CONTRACT

Breedon Aggregates Limited, the UK's leading independent aggregates business, notes the announcement that its associate company, BEAR Scotland Limited, has been awarded the fourth-generation (4G) road maintenance contract for the North-East of Scotland (the "NE Contract") for a further six years, with scope for an additional two-year extension.

BEAR Scotland has held the NE Contract since 2001, with responsibility for overseeing 613 miles of trunk roads in the region.  The contract for the South-East region, formerly held by BEAR Scotland, was today awarded to Amey.  BEAR also manages the North-West trunk road network, having won the 4G contract for that region in 2012.

Alan Mackenzie, chief executive of Breedon Aggregates Scotland, comments:

"This is great news for Breedon, which is a major supplier of aggregates, asphalt and contract surfacing to BEAR in the North-East of Scotland.  It's a real vote of confidence in BEAR's quality of service and competitiveness and we look forward to supporting them in the coming years as they work with Transport Scotland to repair and maintain the region's roads, which are so vitally important to the regional economy."

The new NE Contract will take effect from 16 August 2014.

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For further information:

Breedon Aggregates Limited

Simon Vivian, Group Chief Executive

Rob Wood, Group Finance Director

01332 694010

Stephen Jacobs, Head of Communications

07831 764592

Cenkos Securities plc (NOMAD & Joint Broker)

Max Hartley / Nicholas Wells on 020 7397 8900

Peel Hunt(Joint Broker)

Justin Jones / Mike Bell on 020 7418 8900

Note to Editors

BEAR Scotland is a specialist service provider to the Scottish road maintenance sector.  It is 37.5%-owned by Breedon Aggregates.  The other shareholders are Eurovia and Jacobs Engineering Group.

 

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