StockMarketWire.com - Construction materials group Breedon said it had acquired Roadway Civil Engineering & Surfacing for a total of up to £13.5m.

Roadway, an integrated asphalt production and contract surfacing business in North Wales, was founded in 2000, and specialised in local authority term maintenance, minor road maintenance schemes and associated civil engineering works.

‘This acquisition significantly strengthens our contract surfacing operations and establishes Breedon as a fully integrated business in North Wales’ said Mike Pearce, managing director of Breedon Southern.

‘The Wrexham plant will expand our asphalt capacity in the region, complementing our units at Dowlow, Minffordd and Leaton, and enable us to offer a full asphalt supply and lay service throughout North Wales, Shropshire, Cheshire and Merseyside. Roadway also provides an additional route to market for aggregates from our quarries at Minffordd, Borras, Denbigh and Leaton.’


At 8:52am: [LON:BREE] Breedon Group share price was +0.2p at 65.5p



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