Cement News tagged under: asset disposal

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What's behind Lehigh Hanson's divestment of its west region assets?

28 May 2021, Published under Cement News

HeidelbergCement Group made a significant announcement this week about the sale of several business activities in the US west region, under Lehigh Hanson's control, to US-based Martin Marietta Materials Inc. The transaction includes the sale of two cement plants, distribution terminals and activities in 17 aggregate sites and asphalt in the states of California, Arizona, Oregon and Nevada. Dr Dominik von Achten, chairman of the Managing Board of HeidelbergCement, said: "The sale of our US...

Breedon's asset disposal to complete shortly

01 December 2020, Published under Cement News

The UK’s Competition and Markets Authority (CMA) has now accepted Breedon Group’s undertakings to dispose of certain assets to Tillicoultry Quarries. The company made the move to address the CMA’s concerns that its purchase of certain assets from Cemex UK may lessen competition in certain areas. In a statement to the London Stock Exchange, Breedon confirmed that it now expects the disposal of assets to Tillicoultry Quarries to complete shortly.