# Breedon Group to acquire CEMEX's UK assets for £178 million

Breedon Group agreed to acquire certain assets and operations of CEMEX in the UK for £178 million, including approximately 100 active operations, with completion expected in Q2 2020.

- Type: Acquisition
- Announced: 2020-01-08
- Where: United Kingdom, United Kingdom
- Value: $230.0M (178.0M GBP)
- Status: announced
- Products: construction materials, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (partner)
- [Cemex](https://endata.com/companies/16140.md) (target)
- [Breedon Group](https://endata.com/companies/29795.md) (acquirer)
- [Cemex Investments Limited](https://endata.com/companies/44719.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/breedon-group--bree/acquisition-of-cemex-assets-operations-in-the-uk/5925945), 2020-01-08: "Breedon is pleased to announce that it has entered into a conditional agreement with CEMEX UK Operations Limited to acquire certain assets and operations in the United Kingdom for a total consideration of £178 million."
- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/breedon-to-take-over-cemex-uk), 2020-01-08: "Breedon has entered into a conditional agreement with Mexican cement giant Cemex to take over substantial UK assets and operations for £178m."
- [gov.uk](https://www.gov.uk/cma-cases/breedon-group-plc-cemex-investments-limited), 2020-01-22: "The CMA investigated the completed acquisition by Breedon Group plc of certain assets of Cemex Investments Limited."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.