Family-owned Co Antrim quarry firm bought by the Breedon Group
A CO Antrim quarry business has been bought by the Breedon Group.
The construction materials giant has acquired Robinson Quarry Masters Ltd in Glenwherry.
According to Companies House, the concrete block and quarrying business, which dates back more than 50 years, was acquired by Whitemountain Quarries Ltd on Tuesday.
Whitemountain was last year rebranded as Breedon Ireland, which also incorporates the Lagan Asphalt and Lagan Materials businesses.
Its latest deal in the north was part of a trio of acquisitions in Britain and Ireland worth around £19m.
Broome Bros Limited in Doncaster and Minster Surfacing Limited in Lincoln have also been bought by the Breedon Group.
In a statement, Breedon said the acquisition of Robinson Quarry Masters, which is located between Larne and Ballymena, “enhances our aggregate reserves on the Island of Ireland and has a well-established customer base with exposure to housing, commercial and infrastructure end-markets”.
Breedon’s chief executive, Rob Wood, said: “Many of our transactions come to us through our local knowledge and personal engagement with the owners. As a result, our active M&A [mergers and acquisitions] 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.”