Breedon acquires Severn Sands
Breedon Group has entered the marine aggregates business with the acquisition of Severn Sands Limited.
Severn Sands is a family-run marine dredging business operating in the Bristol Channel.
It has licences to dredge 500,000 tonnes of sand a year, using its 60-metre suction dredger, The MV Penfret.
Breedon said that the acquisition enhances their “operational capability, secures scarce mineral reserves and resources, and ensures our downstream operations in the Gloucestershire and South Wales region are fully vertically integrated.”
The acquisition of Severn Sands comes just a month after Breedon acquired Thomas Bow Limited (TBL) from Nottingham City Council.