Breedon Aggregates BREE Competition Commission report on joint venture

  Breedon Aggregates (BREE) - Competition Commission report on joint venture

RNS Number : 5003C
Breedon Aggregates Ld
01 May 2012












1 May 2012





Breedon Aggregates Limited ("Breedon" or the "Company")



Re: Competition Commission report on proposed Tarmac/Lafarge joint venture



Breedon  Aggregates  notes  the  report   issued  today  by  the   Competition 
Commission, which states that it will  require Anglo American PLC and  Lafarge 
S.A. to sell a significant portfolio  of operations, paving the way for  entry 
by a  new  competitor  into  the  UK  cement  market,  before  their  proposed 
construction materials joint venture can proceed.



Breedon has in the past indicated its interest in any assets which may  become 
available through this divestiture programme, in line with its stated strategy
of consolidating the heavyside end of the UK building materials industry. The
Company will assess  any specific  opportunities once further  details on  the 
proposed disposals have  been made available.  Further announcements will  be 
made in due course.



                                   - ends -



For further information, please contact:



Breedon Aggregates Limited

Simon Vivian, Group Chief Executive

Ian Peters, Group Finance Director

01332 694010



Stephen Jacobs, Head of Communications

07831 764592



Cenkos Securities plc

Max Hartley / Nicholas Wells

020 7397 8900





More about Breedon Aggregates



Breedon Aggregates is the largest independent aggregates business in the UK,
operating 26 quarries, 18 asphalt plants and 40 ready-mixed concrete plants in
England and Scotland, and employing around 800 people. The group has strong
asset backing, with nearly 200 million tonnes of mineral reserves and
resources.



www.breedonaggregates.com



                     This information is provided by RNS
           The company news service from the London Stock Exchange

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STRLLFEVEEILIIF -0- May/01/2012 13:57 GMT
 
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