13 November 2014
Breedon Aggregates Limited
("Breedon Aggregates" or "Breedon")
Sale of Doseley development site for £11m
Breedon Aggregates, the UK's largest independent aggregates business, has completed the sale of a 60-acre site at Doseley, near Telford in Shropshire, to BDW Trading Limited (a subsidiary of Barratt Developments Plc) for £11.0 million.
The land is on the site of a former concrete products plant and has outline planning consent for 460 homes, which will be built and marketed under the David Wilson Homes brand.
Breedon will receive phased cash payments over four years commencing in 2014.
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Note to editors
Breedon Aggregates is the largest independent aggregates business in the UK after the four global majors. It operates 52 quarries, 27 asphalt plants, 61 ready-mixed concrete plants and three concrete block plants in England and Scotland and employs approximately 1,250 people. The group has strong asset backing, with more than 450 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.
For further information:
Breedon Aggregates Limited
Simon Vivian, Group Chief Executive Stephen Jacobs, Head of Communications
Rob Wood, Group Finance Director 07831 764592
01332 694010
