Our Corporate Finance team advises Heidelberg Materials UK on their acquisition of B&A Group

Our Corporate Finance team provided financial due diligence services to Heidelberg Materials UK on their acquisition of B&A Group, one of the leading construction soil and aggregate recycling companies in South-West England. This is the second transaction that we have advised Heidelberg Materials UK on, the first being their acquisition of the Mick George Group, a market-leading construction and demolition waste recycler based in East Anglia and the East Midlands.

Heidelberg Materials UK is a leading supplier of low-carbon, heavy building materials to the construction industry. The size of the UK business increased in 2007 with the acquisition of Hanson PLC, broadening their offering to include aggregates, ready-mixed concrete and asphalt.

Simon Willis, CEO of Heidelberg Materials UK said: “B&A Group is a successful business with an unrivalled reputation in the south west, underpinned by a strong team. This announcement follows the completion of our acquisition of  Mick George Limited and adds an additional source of high-quality recycled materials for use in our sustainable building materials. It is an exciting opportunity for us, and I am looking forward to working with the B&A Group to grow the business further.”

Brad McAvoy, Partner in Corporate Finance at James Cowper Kreston, commented: “We are delighted to have provided financial due diligence services to Heidelberg Materials UK on their recent acquisition. Working with Heidelberg Materials UK is a testament to their ongoing commitment to expanding their business. We are proud to have participated in this transaction and we look forward to their continued growth and success.”