Cement News tagged under: Breedon Group Plc
CMA launches Breedon and Tarmac asset swap enquiry01 March 2018, Published under Cement NewsThe Competition & Markets Authority (CMA) has launched Phase 1 of a merger inquiry into the anticipated acquisition by Tarmac of certain assets of Breedon Group. The initial period of the CMA’s merger inquiry began on 28 February, with the deadline for a decision on whether to refer the merger for a Phase 2 investigation currently scheduled for 26 April 2018. In a statement issued on 1 February, the CMA explained that it was "considering whether it is or may be the case that this transact... |
Breedon in talks to acquire Lagan Group19 February 2018, Published under Cement NewsUK-based construction materials company, Breedon Aggregates, is reportedly looking to acquire all or parts of Lagan Group, a leading building materials company based in Ireland. The Lagan Group currently includes Lagan Cement, which has a production capacity of 700,000tpa, two bitumen terminals in Dublin and Belfast, road marking, quarry and concrete businesses. It is also involved in the manufacture of bricks, blocks and timber frames for the housing sector. In the UK its assets include We... |
UK: Breedon Group's revenues up by 42.8% in 201608 March 2017, Published under Cement NewsBredon Group Plc's revenues for 2016 grew by 42.8 per cent to GBP454.7m and underlying earnings before interest and tax (EBIT) increased by 57.8 per cent to GBP59.6m, including a five-month contribution from newly-acquired Hope Construction Materials (‘Hope’). This equates to an underlying EBIT margin of 13.1 per cent (2015:11.9 per cent), reflecting good progress towards our 2020 target of 15 per cent, the company said. Profit before tax rose by 49.5 per cent to GBP46.8m. Underlying pr... |
UK: Breedon looks to the future with Hope05 August 2016, Published under Cement NewsThe 200-strong team at the Hope Cement works in Derbyshire celebrated becoming part of Breedon Groupl Plc with a visit from group chairman Peter Tom CBE and group chief executive Pat Ward. They were accompanied by Hope Cement managing director Ashley Bryan, who took them on a plant tour to meet members of staff. Hope cement works is a key asset in the Breedon Group network which has now grown to include around 60 quarries, 27 asphalt plants, just under 200 concrete plants and a major surfa... |