Last checked at 2 May 2017 07:00
2 May 2017
BREEDON GROUP PLC ("Breedon" or "the Group")
Acquisition of Pro Mini Mix
Breedon Southern Limited, a subsidiary of Breedon, the UK's largest independent construction materials group, has acquired Pro Mini Mix Concrete, Mortars and Screeds Limited ("Pro Mini Mix"), a 'mini mix' concrete operator based at Oldbury in the Black Country and covering the West Midlands.
The company operates a fleet of eight mixer trucks and specialises in delivering small loads of ready-mixed concrete and screeds, up to four cubic metres, to commercial and domestic customers.
Breedon Southern already operates a successful mini mix business, 1stMix, which has a strong presence throughout the East Midlands and East Anglia. Pro Mini Mix, which will be based at Breedon Southern's new ready-mixed concrete plant in Walsall, will enable the Group to extend its coverage across the central belt of England, taking advantage of the buoyant markets in and around Birmingham.
Commenting on the acquisition Tim Hall, Chief Executive of Breedon Southern, said: "Pro Mini Mix is the perfect complement to 1stMix. It has a well established reputation in the West Midlands market, with a strong local service ethos and a great team. It also offers us another valuable route to market for our aggregates and cement."
- ends -
For further information:
Breedon Group plc
Pat Ward, Group Chief Executive
Rob Wood, Group Finance Director
01332 694444
Stephen Jacobs, Head of Communications
07831 764592
Cenkos Securities plc
Max Hartley (Nomad)
020 7397 8925
Peel Hunt (joint broker)
Justin Jones / Mike Bell 020 7418 8900
Note to editors
Breedon Group plc is the UK's largest independent construction materials group. Breedon operates the country's largest cement plant, two cementitious import terminals, around 60 quarries, 26 asphalt plants, 200 ready-mixed concrete plants and three concrete products plants nationwide. The Group employs around 2,300 people and has more than 750 million tonnes of mineral reserves and resources. Its strategy is to continue growing organically and through the acquisition of businesses in the UK heavyside construction materials market.