Breedon has agreed to sell certain assets to Tillicoultry Quarries for ?12.2m on a cash and debt free basis. The 14 sites to be divested include 10 ready-mixed concrete plants, an asphalt plant and associated aggregates depot in England, plus two quarries and a cement terminal in Scotland. The earnings of the assets being sold are not material to the Breedon Group, according to the company.
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