The firm moved closer to the £336 million deal after agreeing a plan to offload 14 sites to avoid a full investigation by the Competition and Markets Authority (CMA).

The group’s expanded executive committee will comprise senior executives from both Breedon and Hope and from outside.

Pat Ward, group chief executive, said: “We’re fortunate to have been able to draw on considerable experience and deep industry knowledge from both companies, and externally, in assembling our executive committee. I believe we have selected a strong team to lead the combined business, which will enable us to continue delivering an outstanding performance in the future.”

The members of the executive committee, with effect from the date of completion, will be:

As previously announced, Amit Bhatia, currently Hope’s chairman, is expected to join the Breedon Board as a non-executive director following completion of the acquisition.

Those members of Hope’s executive committee who are not joining the senior team of the enlarged group will remain in their current roles until completion and continue to assist with the smooth integration of the business.

Pat Ward added: “Our pre-acquisition integration planning is on track and, subject to CMA clearance, we anticipate being able to complete the acquisition of Hope later this summer. I’m looking forward to welcoming our Hope colleagues to the Breedon group very soon.”