Skip to main content

Breedon Group welcomes Competition Authority’s review of completed acquisition of assets from CEMEX UK

Published by , Deputy Editor
World Cement,


Breedon has welcomed the announcement from the Competition and Markets Authority (CMA) that it has reasonable grounds for believing that the undertakings offered by Breedon in connection with its completed acquisition of certain assets and operations from CEMEX, or a modified version of them, might be acceptable.

These undertakings will require the divestment of a small number of ready-mixed concrete plants and an asphalt plant in England, and two quarries and a cement terminal in Scotland.

The company expects to be able to finalise the required undertakings to the CMA's satisfaction and complete the required divestments in the near future, paving the way for the integration of the remaining former CEMEX assets into the group later this year. Until that time they will continue to be held separate from Breedon and operated as Pinnacle Construction Materials.

The company will make further announcements in due course.

Read the article online at: https://www.worldcement.com/europe-cis/11092020/breedon-group-welcomes-competition-authoritys-review-of-completed-acquisition-of-assets-from-cemex-uk/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Measure Twice, Mix Once

Claudio Piccino, Thermo Fisher Scientific, talks about the benefits of in-stream raw material analysis and what plants should consider when implementing cross-belt online elemental analysers into their process.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Cemex news UK cement news