Cement News tagged under: Lagan Group

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Breedon enters agreement to acquire Lagan Group (Holdings) Ltd

17 April 2018, Published under Cement News

Breedon Group Plc has entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd (Lagan), a leading Belfast-based construction materials business, for a cash consideration of GBP455m on a cash- and debt-free basis. The consideration will be financed by a combination of a new GBP150m term loan, a new GBP350m revolving credit facility which replaces Breedon's existing GBP300m revolving facility and a GBP170m equity placing. "We are delighted to have completed our largest a...

Lagan Group responds to threat over proposed merger

15 February 2013, Published under Cement News

The Lagan Group has called in the Police Service of Northern Ireland (PSNI) to investigate the circumstances surrounding the receipt of a package containing a bullet which was addressed to the company’s Chief Executive, Kevin Lagan, the company said in a statement. Lagan Cement Group recently signed a memorandum of understanding with Quinn Building Products that may lead to a joint venture  between the two groups which would combine their cement and building products businesses based in B...