Breedon gets fillip from Lagan deal

breedon jpg

Materials firm hails £455m takevover earlier this year

Materials firm Breedon said its £455m takeover earlier this year of Northern Ireland-based Lagan Group helped bump up turnover in the first half by 16%.

Breedon said April’s deal had “exceeded our expectations” with Lagan, which is separate from Lagan Construction Group, adding nearly £8m to its new parent’s underlying profit which came in at £42m.

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