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Breedon Group Plc

M&A Activity Dec 3, 2020

6180_rns_2020-12-03_c0311a44-35df-4471-b0bc-36eefe2ab92d.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 3548H

Breedon Group PLC

03 December 2020

3 December 2020                                                                                          

Breedon Group plc

("Breedon" or the "Company")

Update on the acquisition of certain assets and operations

of CEMEX in the UK

Following on from its announcement on 1 December 2020 that the Competition and Markets Authority had cleared it to do so, Breedon today announces that the transaction to dispose of certain assets to Tillicoultry Quarries Limited, announced on 9 November 2020, has completed.

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Information on Breedon Group

Breedon Group plc is a leading construction materials group in Great Britain and Ireland. It operates two cement plants and an extensive network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations.  The Group employs over 3,500 people and has around 1 billion tonnes of mineral reserves and resources.  The Group's strategy is to continue growing through organic improvement and the acquisition of businesses in the heavyside construction materials market.

Enquiries:

Breedon Group plc

Pat Ward, Group Chief Executive

Rob Wood, Group Finance Director

Robert Coates, Head of Investor Relations

Cenkos Securities (NOMAD and Joint Broker to Breedon)

Max Hartley

Harry Hargreaves

Numis Securities (Joint Broker to Breedon)

Ben Stoop

Heraclis Economides

Teneo (Public Relations Adviser to Breedon)

Matt Denham

Rachel Miller
01332 694010

07880 486329

020 7397 8900

020 7260 1000

020 7420 3180

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