Hargreaves buys CA Blackwell Group for £12m


 

Solid fuels and bulk materials logistics provider Hargreaves Services has acquired bulk earthmoving and civil engineering firm CA Blackwell Group, which trades as Blackwell. The £11.9m deal includes a net cash payment of £5.3m and the transfer of Blackwell shareholders to a property valued at £3.4m. Hargreaves chief executive Gordon Banham said Blackwell’s operation is “complementary to and synergistic” to Hargreaves’s existing mining operation, and offers flexibility with its “existing fleet of heavy plant, providing further opportunities to diversify the […]