Cemex Uk Operations Limited

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The Competition and Markets Authority (CMA) has paved the way for materials supplier Breedon to acquire around 100 sites from Cemex after accepting moves by the company to resolve competition concerns.

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Construction materials supplier Breedon is to offload two quarries and a cement terminal in Scotland in an effort to address competition concerns regarding its £178 million deal to buy around 100 Cemex sites around the UK.

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Breedon’s proposed purchase of certain Cemex assets will raise competition concerns, and result in higher prices for materials in the East of Scotland, the Competition and Markets Authority (CMA) has warned as it set a five-day deadline for the concerns to be addressed.

1-6 of 6 Articles