Construction group Breedon has acquired ‘certain assets and operations of Cemex UK’ in a £178m deal that gives it control of around 100 active operations across six divisions in England, Scotland and Wales. Breedon will pay £155m in cash and take on £23m of lease liabilities under the terms of the takeover. It said the conditional agreement with Cemex was consistent with its strategy of purchasing “earnings-enhancing aggregates-related businesses with strong potential for performance improvements and synergy benefits.” Completion of the […]
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Strike action at Cemex has been called off after the company agreed to a package of measures that will increase drivers’ annual salary.
Sir Peter Hendy CBE, chair of Network Rail, is to explain how the organisation is working to reduce bridge strikes in an address to the Microlise Transport Conference on 20 May 2020.