Travers Smith LLP has advised long-standing AIM-listed client, Breedon Group plc (Breedon), on its joint venture in London trading as Capital Concrete Limited (Capital Concrete), with Robert Brett & Sons Limited.
The joint venture will operate 10 ready-mixed concrete plants, with more in development.
The Breedon Group employs nearly 3,000 people and has nearly 900 million tonnes of mineral reserves and resources. The Breedon Group’s strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.
The Travers Smith team was led by Corporate Partner Jon Reddington, with support from Corporate Senior Associate Ceilidh Thomson. Real estate advice was provided by Real Estate Partner Alex Millar with support from Real Estate Associate Chris Towland.