Breedon Buys Lionmark for $238M

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The company’s financial health remains strong, reporting £245.8 million ($316.3 million) in pretax profits for 2024, a 6% increase from the previous year’s £231.8 million. Analysts see the move as a strategic masterstroke, positioning Breedon to capitalize on a market that is forecast to skyrocket. A February 2025 report from Precedence Research projects the global sustainable construction materials sector will reach $484 billion this year and grow at an annual rate of 12.5%, hitting $1.4 trillion by 2034.

Final Steps Before Closing

Legal counsel for Breedon is being provided by Lewis Rice LLC, while representation for Lionmark has not yet been disclosed. The acquisition is expected to officially close by the end of the week, setting the stage for Breedon’s next phase of growth in the U.S. construction sector.