Breedon Group plc has acquired Robinson Quarry Masters Ltd, a three-generation, family-run quarrying and concrete block company in Glenwherry, Co. Antrim in Northern Ireland.
FOOTPRINT
In business for more than 45 years, Robinson has 35 staff operating from a 150-acre site serviced by its own transport fleet.
The company serves the agriculture, marine, leisure, housing, sport, education and utilities sectors.
Breedon said that the purchase further extended its own footprint north of Belfast, with Robinson’s well-established customer base.
The acquisition is in addition to two downstream businesses of Broome Bros. Ltd and Minster Surfacing Ltd for a total enterprise value of up to c.£19 million.
OPERATING MODEL
Chief executive officer Ron Wood added that Breedon had reached many of its transactions through local knowledge and personal engagement with the owners.
“As a result, our active M&A pipeline has continued to yield high quality, earnings enhancing opportunities that will enable us to progress our sustainable growth strategy.
“Each of these independent family run businesses is aligned with our vertically-integrated operating model, providing further opportunity to pull through upstream building materials while extending our downstream footprint to deliver profitable growth.
“We are delighted to welcome our new colleagues to Breedon and look forward to working with them.”