Lagan Group is one of the largest privately owned companies in Ireland with annual turnover of more than £350m and more than 1,000 employees. Its interests span production of concrete, aggregates, bitumen, asphalt and tiles, as well as quarries, house-building and waste management.
Breedon revealed that it was “in discussions with Lagan and its major shareholders in connection with a possible acquisition of a substantial part of the Lagan business. There can be no certainty that the possible acquisition will proceed, nor as to the terms of the possible acquisition.â€
Lagan Group includes the Whitemountain contracting and materials group, but not Lagan Construction Group, which was hived off in 2010 under the ownership of a different branch of the Lagan family, under Michael Lagan. The Lagan Group being courted by Breedon is headed by his older brother Kevin Lagan, aged 68.
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