aggregate industries ACQUIRES LAND RECOVERY

The acquisition will reinforce Aggregate Industries' position in the construction and demolition materials (CDM) market in the UK and supports the company’s growth strategy in this important area.

Land Recovery was founded in 1982 by the Beecroft family and has grown continually to become a leading supplier of CDM. This includes the supply of primary rail ballast, handling and treating spent ballast and recycling a proportion of it into new products either for the rail network or back into the value chain to create products such as readymix, precast concrete and asphalt.

The company, which employs 85 people plus 18 contractors, has four sites. Its main UK operations base is located in Stoke-on-Trent, where it conducts the majority of its business. It also has a rail yard site in Dewsbury in West Yorkshire along with quayside sites at Lowestoft in East Anglia and Ellesmere Port, Cheshire.

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Dragan Maksimovic, CEO Aggregate Industries and Head of Region West Europe at Holcim, said: “We are extremely happy to announce the acquisition of Land Recovery and welcome them to Aggregate Industries UK and Holcim.

“This acquisition further strengthens our position in the CDM market and, in line with other recent investments, reinforces our ambition to be the UK circularity market leader by 2030. There is very clear alignment between Land Recovery’s growth ambitions and our vision to increase the amount of CDM we process and recycle every year. Its strategic site locations in the country also allows us to introduce circular products to new regions utilising shipping and rail transport networks.”

Dan Beecroft, Managing Director of Land Recovery, said: “We’re really looking forward to taking the business forward with Aggregate Industries. This allows us to continue our ambitious growth plans and to develop our offering. It is really beneficial to be part of a leading UK and global company which has a clear vision for circularity and to be able to have access to their networks and expertise.”