Last checked at 4 Apr 2014 07:00
News release
4 April 2014
Breedon expands at Clearwell
with acquisition of ready-mix plant from Aggregate Industries
Breedon Aggregates, the UK's largest independent aggregates business, has expanded its operations at Clearwell quarry near Lydney in Gloucestershire with the acquisition from Aggregate Industries of the ready-mixed concrete plant on the site.
Clearwell was one of four quarries acquired from Marshalls PLC in April last year. It is one of the largest limestone quarries in the region and serves a wide range of customers in Gloucestershire and Monmouthshire.
The acquisition of Aggregate Industries' concrete plant and its associated ready-mix trucks, which have operated on the site for a number of years, will significantly expand Breedon's market opportunity in the region. In addition to providing a new added-value outlet for Clearwell's washed limestone sand, it will also enable the company for the first time to service the industrial, commercial and housing markets in and around the Forest of Dean.
Tim Hall, chief executive of Breedon Aggregates England, said: "It's great to be open for business in ready-mix in Gloucestershire. This is our first plant in the west of England and our customers can look forward to the same outstanding local service that we offer from every one of our other 50 ready-mix businesses around the UK."
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Note to editors
Breedon Aggregates is the largest independent aggregates business in the UK after the four global majors. It operates 38 quarries, 22 asphalt plants, 51 ready-mixed concrete plants and two concrete block plants in England and Scotland and employs approximately 1,000 people. The group has strong asset backing, with around 400 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.
Enquiries:
Breedon Aggregates Limited
Simon Vivian, Group Chief Executive
01332 694010
Stephen Jacobs, Head of Communications
07831 764592
Cenkos Securities (NOMAD and joint broker)
Max Hartley, 020 7397 8900
Peel Hunt (joint broker)
Justin Jones / Mike Bell, 020 7418 8900