Amec offloads concrete business E-mail
Friday, 13 April 2007

Amec has sold its concrete business to the Roger Bullivant Group of Companies for an undisclosed sum.
 

Based in Byley, Cheshire, Buchan Concrete Solutions employs approximately 170 people and last year generated revenues of £29m.
 
Net assets as at 31 December 2006 were £10.6m.
 
Chief Executive Samir Brikho said: "I am very pleased that we have found a strong purchaser who wants to further develop and invest in another of Amec's non-core businesses.
 
"The successful disposal of these businesses is a key objective for 2007. The process is going well and I look forward to providing the market with an update on the overall disposal process on 16 May 2007, when Amec provides a trading update for its annual general meeting."

 

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