Breedon completes Cemex deal but watchdog’s investigation goes on

By Dave Rogers2020-08-03T09:16:00

Newly acquired firm will be called Pinnacle Construction Materials while CMA completes probe

Breedon has officially completed its £178m acquisition of around 100 Cemex sites – but the move is still being probed by the competition watchdog.

The firm announced the deal with its rival materials firm in January but two weeks later the Competition and Markets Authority said it was looking into the purchase.

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