Cement News tagged under: Hope Construction Materials
Breedon 1H17 results boosted by Hope contribution20 July 2017, Published under Cement NewsBreedon Group plc, the UK’s largest independent construction materials group, announces its unaudited interim results for the six months ended 30 June 2017, reporting a strong profit improvement from former Breedon Aggregates business and robust contribution from former Hope Construction Materials. The former Breedon Aggregates business posted a strong profit improvement, even after taking into account the shutdowns of both Hope kilns for planned annual maintenance and upgrade during the ... |
UK CMA gives final clearance in Breedon’s Hope acquisition27 July 2016, Published under Cement NewsUK Competition and Markets Authority (CMA) has cleared Breedon to acquire Hope Construction Materials following its acceptance of Breedon’s undertakings in lieu of a reference to a Phase 2 investigation in respect of its proposed acquisition of Hope. Breedon had proposed undertakings to the CMA to divest 14 readymix sites to an up-front buyer approved by the CMA. Following the clearance, Breedon now expects the acquisition to complete on 1 August 2016. Commenting on the announcement ... |
UK: Breedon to complete Hope acquisition in August, 1H16 results22 July 2016, Published under Cement NewsFollowing the conclusion of the Competition & Markets Authority's (CMA) review, Breedon Aggregates expect to complete the acquisition of Hope Construction Materials Limited (Hope) on 1 August 2016 (subject to final clearance from the CMA). On completion, the enlarged group will be renamed Breedon Group plc, subject to approval by its shareholders at an Extraordinary General Meeting on 21 July 2016. The trading name of the enlarged group will simultaneously change from ‘Breedon Aggregates’... |
Breedon Aggregates passes phase 1 of Hope acquisition12 April 2016, Published under Cement NewsBreedon Aggregates acknowledges the announcement today by the Competition and Markets Authority (CMA) that it has completed its Phase 1 review of Breedon’s proposed acquisition of Hope Construction Materials Limited (“Hope”) and that it has concluded there is a realistic prospect of a substantial lessening of competition in a limited number of local ready-mixed concrete markets in England and Scotland. In a company statement the building materials company stated "This outcome is in line wit... |
Hope unveils state-of-the-art rail wagons, UK03 March 2016, Published under Cement NewsHope Construction Materials has unveiled 48 state-of-the-art rail wagons, developed in partnership with VTG Rail UK. The vehicles were officially launched at an event at the Hope Works cement plant in Hope Valley, Derbyshire, with the ribbon cut by Under Secretary of State for Transport, Andrew Jones, MP. Transport Minister, Andrew Jones, local MP, Andrew Bingham, and Ashley Bryan, Industrial Director at Hope Construction Materials unveil the new wagons The tailor-made wag... |
Hope to launch bagged cement product, UK11 February 2016, Published under Cement NewsHope Construction Materials has announced the launch of its new bagged cement product. Its Professional Grade Cement, the newest entrant into a UK bagged cement market worth GBP180m annually, will be available to customers across the southern half of England later this year. The newly-revealed product pack design, developed in association with Cognition Agency, features a large ram – a nod to the firm’s rich Derbyshire roots and the source of the raw materials used to make the cement. Ho... |
Hope updates on UK development plans07 January 2016, Published under Cement NewsOn the anniversary of its third year in business, Hope Construction Materials has announced advanced plans to open new depots – and extend existing sites – in the southeast of England. Use of the railway network features heavily in Hope’s plans, with four of the five sites able to receive raw materials (aggregates and cement) by rail. This follows the success of Hope’s new rail-linked cement, aggregates and concrete depot at Walsall in 2015. Details of the la... |
UK: Breedon to acquire Hope Construction Materials18 November 2015, Published under Cement NewsBreedon Aggregates of Leicestershire, UK, has agreed to acquire Hope Construction Materials for GBP336m (US$510.94m). Hope Construction Materials, is a major producer of cement, concrete and aggregates in the UK with more than 160 operational sites. In 2014 Hope sold 1.6Mt of cement, 4.7Mt of aggregates and 2.2Mm 3 of concrete, generating revenue of GBP273.5m and profit before tax of GBP18.7m. The acquisition extends Breedon's UK geographic footprint, opening up markets in London, the sou... |
Hope Construction Materials signs transport services contract with DB Schenker Rail UK06 November 2015, Published under Cement NewsHope Construction Materials and DB Schenker Rail UK have have signed a five-year partnership contract for transport services. The agreement covers the transport of aggregates from the quarry at Dowlow near Buxton in the UK to 10 locations across Britain. In 2015 a new depot was opened in Walsall, West Midlands, with further depots planned to open during the contract. Coal is also conveyed twice per week from South Wales to the cement plant in Hope. The locomotive naming ceremony w... |
UK: One hundred days of helping from Hope15 October 2015, Published under Cement NewsThis week, Hope Construction Materials’ employees completed 100 days of voluntary work, as part of the organisation’s “Hope for Others” initiative. Hope’s employees offering a helping hand as part of the Hope for Others initiative The scheme, launched by the firm in 2014, sees Hope employees choosing to partake in charity work close to their heart, with the organisation offering two fully paid days leave to each employee per year. Hope staff are encouraged to choose the act... |