en.Wedoany.com Reported - Building materials group Breedon has completed the acquisition of Falling Springs quarry for an enterprise value of $120 million (£90 million).

Located strategically about a 15-minute drive from downtown St. Louis, Missouri, Falling Springs quarry is a well-invested, highly automated quarry with 185 million tonnes of limestone reserves. With an annual production of over 2.2 million tonnes, the quarry will be integrated with Breedon's existing operations in the region, thereby strengthening the group's platform in the US and unlocking further growth opportunities through vertical integration.

Breedon expects the transaction to immediately enhance margins and earnings, with the acquisition funded from the group's existing revolving credit facility. Following the transaction, Breedon Group's pro forma covenant leverage ratio as of December 31, 2025, is 2.0x, consistent with the group's financial framework. This acquisition aligns with Breedon's stated strategy of expanding its US operations through disciplined, value-accretive M&A.

Rob Wood, CEO of Breedon Group, said the acquisition of Falling Springs quarry is an attractive bolt-on investment that consolidates the group's US platform by securing a high-quality aggregates asset in a highly strategic location. The business is well-invested, cash-generative, and highly complementary to the group's existing operations in the St. Louis area, supporting Breedon's long-term growth ambitions in the US.

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