Update on CMA's Review of Completed Acquisition

RNS Number : 3548H

Breedon Group PLC

03 December 2020

 

3 December 2020  

Breedon Group plc

("Breedon" or the "Company")

Update on the acquisition of certain assets and operations

of CEMEX in the UK

Following on from its announcement on 1 December 2020 that the Competition and Markets Authority had cleared it to do so, Breedon today announces that the transaction to dispose of certain assets to Tillicoultry Quarries Limited, announced on 9 November 2020, has completed.

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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 over 3,500 people and has around 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 Pat Ward, Group Chief Executive Rob Wood, Group Finance Director Robert Coates, Head of Investor Relations Cenkos Securities (NOMAD and Joint Broker to Breedon) Max Hartley Harry Hargreaves Numis Securities (Joint Broker to Breedon) Ben Stoop Heraclis Economides Teneo (Public Relations Adviser to Breedon) Matt Denham Rachel Miller

01332 694010 07880 486329 020 7397 8900 020 7260 1000 020 7420 3180

 

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