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LafargeHolcim: acquisition in UK

(CercleFinance.com) - On Friday LafargeHolcim announced the acquisition of Kendall Group, a producer of aggregate and ready-mixed concrete.

Present in the south of England, this company generated turnover of around 33 million Swiss francs last year.

The cement manufacturer said that "The new business will be managed by LafargeHolcim's subsidiary Aggregate Industries expanding its operations in the South of England. The region where Kendall is active is expected to benefit from above national average growth, especially in the housing segment," and is very pleased to acquirem “a successful business with a strong record of performance, good reputation and passionate people and is highly complementary to our existing operations in the UK.”

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