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New Deal


Announced

Breedon Group to acquire Roadway Civil Engineering & Surfacing for £13.5m.

Financials

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Transaction Value£13m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA10.38x
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Acquisition

Friendly

Pending

asphalt production

Building Materials: Other

Majority

Private

Single Bidder

Synopsis

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Breedon Group, a leading construction materials group in Great Britain and Ireland, agreed to acquire Roadway Civil Engineering & Surfacing, an integrated asphalt production and contract surfacing business in North Wales, for £13.5m. "This is a further step in our regional expansion, acquiring an integrated asphalt and contract surfacing business in an area of the UK where we have been seeking to strengthen our presence for some time. It demonstrates our consistent ability to secure value-enhancing acquisitions and we remain confident of being able to continue adding value in this way." Pat Ward, Breedon's group chief executive.

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