Home Commercial News Watchdog clears Heidelberg takeover of Mick George

Watchdog clears Heidelberg takeover of Mick George

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Heidelberg takeover of Mick George approved by CMA

Heidelberg announced the acquisition of Mick George, the £220m company, last year to enhance the circular materials offering and complement the existing aggregates and ready-mixed concrete businesses.

Mick George owns four recycling stations, eight waste transfer stations, 11 aggregate quarries, and ten ready-mixed concrete plants. Nevertheless, the CMA expressed issues regarding competition in some building materials markets in East England and East Midlands.

Heidelberg Materials shows initiative by agreeing to sell parts of its Essex-based business to Brice Aggregates and P J Thory in Peterborough. These divestments comprise five ready-mixed concrete businesses located in Northampton, Market Harborough, Wellingborough, St Ives (Peterborough), and Ely, manifesting the company’s determination to play fair and comply with the rules and regulations.

The boss will likewise dispose of two of its quarries, Needingworth in Cambridgeshire and Earls Barton in Northamptonshire, Mick George’s Ringstead Grange Quarry in Kettering, and Watlington Quarry near Peterborough.

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