Acquisition reinforces position in North West and helps establish position in UK mortar market
AGGREGATE Industries, a member of the Holcim Group, have acquired Eco Readymix Ltd, a leading producer of mortar and concrete in the North West.
The acquisition will reinforce Aggregate Industries’ position in the north-west market and help establish their place in the UK mortar market.
Eco Readymix were established in 2004 and have sites in Wrexham and Ellesmere Port with a third site due to open in the Midlands. They produce ready-to-use mortar and dry-silo mortar and serve national house builders, groundworkers, and civil engineering firms alongside the domestic market.
They also produce ready-mixed concrete, liquid and traditional screed, concrete masonry blocks, and aggregates.
The company has strong sustainable credentials. Its Wrexham site is almost entirely powered by way of a biomass system alongside both wind and solar power. It employs 52 people across its sites.
Dragan Maksimovic, chief executive officer of Aggregate Industries UK, said: ‘We are delighted to be able to announce the acquisition of Eco Readymix and welcome them to Aggregate Industries.
‘As a business, they have clear sustainable values very much in line with our own, and will strategically add to our strong footprint in the North West.
‘This also marks our entry into the UK mortar market with a knowledgeable and ambitious management that has multiple synergies with our own. The acquisition supports our long-term strategy to continue to grow our business to become the UK’s leading supplier of sustainable construction materials and solutions.’
Gary Billington, managing director of Eco Readymix, said: ‘We’re really looking forward to taking the business forward with Aggregate Industries. This allows us to continue our ambitious growth plans and to develop our offering.
‘It is really beneficial to be part of a leading UK company which has a clear vision for sustainability and to be able to have access to their networks and expertise.’