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News Competition and Markets Authority (CMA) approves Breedon Group’s divestments as part of Cemex deal

Competition and Markets Authority (CMA) approves Breedon Group’s divestments as part of Cemex deal

Written by Global Cement staff 01 December 2020
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UK: The Competition and Markets Authority (CMA) has accepted Breedon Group’s proposed divestments as part of its acquisition of certain assets from Cemex subsidiary Cemex Investments. The agreement will see the divestment of 14 sites - including a cement terminal, two quarries and 10 ready-mix plants - to Tillicoultry Quarries.

The building materials producer said that it “notes the announcement today by the CMA that it has accepted Breedon's undertakings in lieu of a reference to a Phase 2 investigation in respect of its acquisition of certain assets from Cemex Investments Limited.”

Last modified on 01 December 2020
Published in Global Cement News
Tagged under
  • UK
  • Competition and Markets Authority
  • Breedon Group
  • Divestments
  • Cemex
  • Tillicoultry Quarries
  • Terminal
  • Quarry
  • concrete plant
  • Competition
  • GCW484
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