Concrete manufacturer and supplier Readymix plc is to become a wholly-owned indirect subsidiary of Cemex Espana SC, a company within the Spanish-established Cemex Group, under a scheme of arrangement approved by the Commercial Court.

A family who ran a cement company is claiming a price-fixing cartel pushed them out of business. Fighting this case in court, however, comes at an inhibitive cost, writes Michael Clifford

A HIGH Court decision yesterday means Goode Concrete may be permitted to call detailed evidence of alleged serious anti-competitive practices in the cement industry dating back three decades in proceedings where it claims post-2007 below-cost selling and other unlawful practices drove it out of business.