BREEDON GROUP PLC has announced the completion of the acquisition of BMC Enterprises Inc, as previously announced on 6 March 2024. Breedon Group plc is a leading vertically-integrated construction materials group in Great Britain, Ireland, and the USA. The company delivers essential products to the construction sector, holding approximately 1.4 billion tonnes of mineral reserves and resources with a long reserve life. Breedon supplies value-added products and services, including specialty materials, surfacing, and highway maintenance operations, through its extensive local network of quarries, ready-mixed concrete, and asphalt plants.
The Group's two well-invested cement plants are actively engaged in a number of carbon reduction practices, including utilizing alternative raw materials and lower carbon fuels. Breedon's 4,450 colleagues embody the commitment to 'Make a Material Difference' as the Group continues to execute its strategy to create sustainable value for all stakeholders, delivering growth through organic improvement and acquisition in the heavyside construction materials market. Breedon shares (BREE) are traded on the Main Market of the London Stock Exchange and are a constituent of the FTSE 250 index.
Moelis and Company UK LLP is acting as the exclusive financial advisor to Breedon Group plc in relation to the acquisition of BMC. The completion of this acquisition further solidifies Breedon's position in the construction materials market, enhancing its ability to deliver value-added products and services to a broad range of customers.