Breedon buys concrete operator

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Sharecast News | 02 May, 2017

AIM-listed construction materials group Breedon has acquired Pro Mini Mix Concrete, Mortars and Screeds, a 'mini mix' concrete operator based at Oldbury in the Black Country and covering the West Midlands.

The company operates a fleet of eight mixer trucks and specialises in delivering small loads of ready-mixed concrete and screeds, up to four cubic metres, to commercial and domestic customers.

The acquisition is being made through Breedon's subsidiary, Breedon Southern Limited.

Breedon Southern already operates a successful mini mix business, 1stMix, which has a strong presence throughout the East Midlands and East Anglia. It said Pro Mini Mix, which will be based at Breedon Southern's new ready-mixed concrete plant in Walsall, will enable it to extend its coverage across the central belt of England, taking advantage of the buoyant markets in and around Birmingham.

Chief executive Tim Hall said: "Pro Mini Mix is the perfect complement to 1stMix. It has a well established reputation in the West Midlands market, with a strong local service ethos and a great team. It also offers us another valuable route to market for our aggregates and cement."

At 0936 BST, Breedon shares were up 0.3% to 76.95p.

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