Hanson expands US concrete activities

Hanson expands US concrete activities
Published: 30 January 2006

Hanson has acquired PaverModule, a leading producer of concrete paving in Florida, with five plants and a staff of 170, two in Fort Myers, two in Pompano Beach and one production site in Haines City.  Turnover amounted to approximately US$45m in 2005 and the assets amount to around US$45m.  This brings Hanson’s acquisition spending in 2006 so far to around £60m (€87m), with the other deal of note being Red Bank Manufacturing, which makes clay and concrete products in England.