Breedon Aggregates buys Aggregate Industries

4th Apr 2014 07:55

Breedon Aggregates has bought a ready-mix concrete plant from Aggregate Industries to expand operations at Clearwell, in Gloucestershire, UK.Clearwell was one of four quarries acquired from Marshalls in April last year and is among the largest limestone quarries in the region.Breedon said the acquisition will significantly expand its opportunities in the region and will allow the company for the first time to service the industrial, commercial and housing markets in the Forest of Dean."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," said Tim Hall, Chief Executive of Breedon Aggregates England.Shares rose 1.10% to 46p at 08:09 on Friday.RD