Construction News

22/11/2007

Readymix Buys Irish Aggregate Business

Irish cement maker Readymix have announced the acquisition of County Tipperary-based Denis Tarrant & Sons for €11.5 million in cash.

The aggregate and ready-mixed concrete business had a turnover last year of €8.1 million and gross assets of €8.6 million. This includes cash in hand of €1.3 million.

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Roger Gonzales, Managing Director of Readymix said: "This acquisition is an important addition to growing our core business of aggregate and ready-mixed concrete and it extends our market coverage across the south."

(JM)

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