Readymix shareholders vote in favour of sale

Readymix’s sale is set to be concluded next month after the building materials group’s shareholders unanimously recommended the move yesterday.

The Dublin-headquartered group — which is predominantly owned by Mexican cement group, Cemex — is to be acquired for €27.4m by Readymix Investments, a wholly-owned indirect subsidiary of Cemex’s Spanish division.

Readymix’s shareholders met yesterday to vote on the deal with 286 — or just under 97% — of the 294 present approving the move.