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 […]
May 5, 2017 Chris Tindall
Cemex is bracing itself for possible industrial action following a ballot among drivers.
September 18, 2017 Emma Shone
The Severn Crossing tolls will be reduced next year ahead of being scrapped entirely, the government has confirmed.