Breedon chairman plans expansion after £53m acquisitions
Breedon Aggregates’ executive chairman Peter Tom expects to make further acquisitions in a ‘bottomed-out aggregates market’ after snapping up £53 million in rivals’ assets in a matter of days.
In the past week, Breedon has announced a flurry of acquisitions, including six Scottish quarries purchased from Aggregate Industries in a £34m deal, and four more in England and Wales from Marshalls Mono for a further £19m.
Mr Tom told Construction News that he hoped to re-open closed Scottish sites acquired in the deals in order to boost headcount within the business.
He said housebuilding was one of the few sectors starting to show greens shoots and have a positive impact for suppliers.
However, he added: “We believe we’re at the bottom of the cycle. All of the modeling we do assumes no improvement in the market.
May, 08 2013
Command Alkon Announces Purchase of Scout and Compass Products from 323 Solutions, Inc.
Command Alkon, the leader in integrated solutions for the global construction materials industries, is pleased to announce the purchase of the Scout and Compass products from 323 Solutions, Inc., pioneers of mobile sales automation and mobile reporting tools for the construction materials industry.
As part of the agreement, the employees of 323 Solutions, Inc. responsible for the development and deployment of these products will join Command Alkon as the Scout Team.
“We are excited to add the Compass and Scout products to our solutions for the industry. We are especially excited to add the Compass and Scout product development teams to the Command Alkon family. Both the products and the people further enable our goal to be the leading provider of mobile computing products that help our customers by extending Dispatch, QC, Batching and other industry business processes to their mobile computing employees and partners,” said Phil Ramsey, President of Command Alkon.