One of the UK’s biggest construction material suppliers has bought Central England recycling company Mick George Group.
Hanson UK has signed a deal to buy the £220 million turnover group subject to competition authority approval.
Mick George Group, which is based out of Huntingdon, Cambridgeshire, specialises in bulk excavation and earthmoving as well as demolition, environmentally sensitive waste removal and waste management services. It also supplies aggregates and concrete.
It has been growing its operations across Eastern England and the East Midlands in recent years and has four recycling facilities, eight waste transfer stations, 11 aggregates quarries and 10 ready-mixed concrete plants. It is a main sponsor of Peterborough FC.
Hanson UK is part of Heidelberg Materials, one of the biggest building materials manufacturers in the world.
It produces aggregates – crushed rock, sand and gravel – ready-mixed concrete, asphalt and cement and employs around 3,500 people. Its UK headquarters are in Maidenhead.
It said the acquisition would significantly strengthen its recycled materials offering while complementing its aggregates and ready-mixed concrete businesses. It hopes the acquisition will go through in the second quarter of 2023.
Chief executive Simon Willis said: “The acquisition of the Mick George Group is a strong fit for us and another significant step towards our target to offer circular alternatives for half of our concrete products by 2030.
“Promoting circularity and consequently recycling, reusing, and thereby reducing the use of primary raw materials, is crucial to achieving net zero.
“I warmly welcome the 1,000 Mick George employees to Hanson and look forward to further developing the business together.”
