Breedon Group acquires US firm Lionmark for £187m Business Construction materials firm Breedon Group has acquired US-based Lionmark for £187m as it continues to expand its presence across the Atlantic. Chief executive Rob Wood said he expected the takeover to more than double Breedon Group’s US revenue and be “immediately earnings enhancing” for shareholders. It is expected to be completed by 7 March. Missouri-headquartered [...]
Breedon Group’s profit slumps as rain slows construction sector progress industrials Construction materials supplier Breedon reported a dip in its profit despite increased revenue following a major US acquisition earlier this year.
Breedon builds on bumper year with major acquisition in US PROPERTY Breedon's chief executive said the "long-term structural deficits" in British housing and construction boded well for the business