Breedon made its first major move in the U.S. market just a year ago with the $300 million acquisition of Missouri-based concrete supplier BMC Enterprises Inc. With the addition of Lionmark, the company’s stateside operations are expanding at breakneck speed.
Lionmark: A Powerhouse in Infrastructure Construction
Lionmark specializes in infrastructure projects across the U.S. Midwest, providing construction and material services for road and bridge projects while also manufacturing asphalt and aggregates. The company reported $246 million in unaudited revenue and $31 million in pretax profits for the 12 months ending November 2024, according to Breedon’s financial disclosures.
Missouri, where Lionmark generates nearly 75% of its revenue, boasts the sixth-largest road network in the country, with roughly 90% of those roads surfaced with asphalt. Texas, Lionmark’s second-largest market, accounts for 17% of its revenue and benefits from the largest transportation funding initiative in the U.S. The federal Infrastructure Investment and Jobs Act has allocated $375 billion for highway projects, with only a third of that sum utilized as of December 2024.
Breedon’s Strategic Play in a Booming Market
Breedon’s aggressive U.S. expansion aligns with rising demand for sustainable construction materials and infrastructure investment. The Leicestershire-based firm expects the Lionmark acquisition to fuel long-term growth by integrating multiple stages of its supply chain and adding asphalt production and surfacing to its expanding portfolio.
