Breedon Aggregates Limited, the UK’s largest independent aggregates business, has entered the Nottingham ready-mixed concrete market with the acquisition of Nottingham Readymix.
The acquisition fills an important gap in Breedon Aggregates’ coverage of the East Midlands, located midway between its plants at Cloud Hill to the south-west and Grantham to the east.
Nottingham is a key centre of economic activity in the region, with a number of major infrastructure and commercial projects currently underway or in the pipeline, including the £600 million tram project due to start in 2012. Nottingham Readymix is the leading supplier of ready-mixed concrete in the city, with a fleet of modern delivery vehicles.
Commenting on the acquisition Simon Vivian, Breedon Aggregates’ group chief executive, said, “This is a great business with deep roots in the Nottinghamshire community and we are proud to welcome it as the newest member of the Breedon Aggregates group.
“Our success at Breedon Aggregates has been built on giving our customers an outstanding service, delivered locally, promptly and to the highest possible quality. Nottingham Readymix has exactly the same ethos. From a practical point of view, nothing will change following this acquisition. The business will continue to trade as Nottingham Readymix and its senior management team will continue to run the business day-to-day, providing the same level of excellent service.”
In the longer term, Nottingham Readymix will form Breedon Aggregates’ Nottinghamshire hub, from which the company intends to develop its ready-mixed concrete operations over the next few years. The team there will work closely with Breedon Aggregates’ flagship quarry at Cloud Hill near Breedon-on-the-Hill, which will supply them with crushed rock.
Breedon Aggregates operates 26 quarries, 18 asphalt plants and 41 ready-mixed concrete plants in England and Scotland, and employs around 800 people. Headquartered at Breedon-on-the-Hill near East Midlands Airport, the group has nearly 200 million tonnes of mineral reserves and resources. Its strategy is to grow through consolidation of the UK heavyside building materials sector.
Breedon Aggregates Limited, Breedon-on-the-Hill, Derby DE73.
