Lagan-owner Breedon buys Cemex operations in Britain for €209m

UK building products group Breedon - which owns the Lagan Group in Ireland - is increasing its presence in Britain's troubled building industry with plans to buy facilities in the UK from Mexico's Cemex for £178m (€209m).

It has struck an agreement to buy over 100 Cemex locations, in Scotland, Wales, and England, saying the acquisition will boost its operations and allow it to make cost savings across the group.