Breedon Cement, formerly Hope Construction Materials and later Hope Cement, is a producer of
cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mix ...
,
concrete
Concrete is a composite material composed of fine and coarse aggregate bonded together with a fluid cement (cement paste) that hardens (cures) over time. Concrete is the second-most-used substance in the world after water, and is the most wi ...
and
aggregates in the United Kingdom, founded on 7 January 2013 by entrepreneur
Amit Bhatia
Amit Bhatia (born 4 September 1979) is a British businessman. He is the founding partner of Swordfish Investments and chairman of Queens Park Rangers F.C., Queens Park Rangers football club.
Early and personal life
Amit Bhatia was born in Lond ...
. Before 1 April 2014, Hope Construction Materials was the trading name for the two entities, Hope Cement Limited and Hope Ready Mix Concrete Limited. The company adopted its current name in 2017.
Hope Construction Materials was acquired by
Breedon Group on 1 August 2016 for £336 million, and renamed Hope Cement Limited. Hope Ready Mix Concrete Limited remains a dormant company. Breedon has assets including
Hope Cement Works
Hope Cement Works, is a cement plant located near to the village of Hope in Derbyshire, England. The plant is mostly self-contained with its own shale and limestone quarries adjacent, with only fuel and small amounts of additives needing to be b ...
, the largest cement plant in the United Kingdom at
Hope, Derbyshire
Hope is a village and civil parish in the Derbyshire Peak District, in England. The population at the 2011 Census was 864. It lies in the Hope Valley, at the point where Peakshole Water flows into the River Noe. To the north, Win Hill and Los ...
, and a network of 170
ready-mix concrete plants, as well as aggregate extraction and logistics operations.
History
In February 2011, cement company
Lafarge
La Farge, LaFarge or Lafarge can refer to:
People
* Antoinette LaFarge (1966–), American artist and writer
* Christopher Grant LaFarge (1862–1938), American architect and partner in the firm Heins & LaFarge
* Christopher Grant La Farge ( ...
and mining company
Anglo American agreed to merge their British construction materials businesses. The deal was set to combine Anglo American's
Tarmac UK unit, employing 4,500 people, with Lafarge's cement, concrete and aggregate quarries, depots and terminals.
Due to the size of the venture, the
Office of Fair Trading
The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic ...
referred it to the UK's
Competition Commission, who concluded in May 2012 that, because of the potential loss of competition in the aggregates, asphalt, cement and
ready-mix concrete markets, some of their assets should be sold.
In November 2012, Lafarge and Anglo American agreed to sell ~£200 million worth of British assets to
Amit Bhatia
Amit Bhatia (born 4 September 1979) is a British businessman. He is the founding partner of Swordfish Investments and chairman of Queens Park Rangers F.C., Queens Park Rangers football club.
Early and personal life
Amit Bhatia was born in Lond ...
. In December of that year, Anglo American's Tarmac unit became Hope Ready Mixed Concrete Limited, whilst Lafarge's assets became Hope Cement Limited. The deal was completed in January 2013 with the creation of Hope Construction Materials.
The two firms, Hope Cement Limited, and Hope Ready Mixed Concrete Limited, traded under the name ''Hope Construction Materials''; the two entities merged on 1 April 2014, creating Hope Construction Materials Limited.
On 18 November 2015, Breedon Aggregates announced the acquisition of Hope Construction Materials for £336 million, and completed the deal on 1 August 2016 following approval from the
Competition and Markets Authority. The combination of Hope and Breedon created the largest independent construction materials business in the United Kingdom.
Operations
When the two Hope legal entities merged in 2014, the combined assets included a cement works at
Hope
Hope is an optimistic state of mind that is based on an expectation of positive outcomes with respect to events and circumstances in one's life or the world at large.
As a verb, its definitions include: "expect with confidence" and "to cherish ...
,
Derbyshire
Derbyshire ( ) is a ceremonial county in the East Midlands, England. It includes much of the Peak District National Park, the southern end of the Pennine range of hills and part of the National Forest. It borders Greater Manchester to the nor ...
, which is the largest in the United Kingdom. The company also operated 170
ready-mix concrete plants; and a number of aggregate operations including quarries, rail terminals and shipping wharves. The company employed eight hundred people in January 2013.
Production at Hope Cement works in its first year of trading (to 2014) was over 1.3 million tonnes of cement per year.
Railway
When G & T Earle opened Earle's Cement works in 1929, it was linked to the Hope Valley Line by a single track railway, which was worked by steam until 1963. Most of the cement now travels over it in trains hauled by
class 20 locomotives to Earle's Sidings, where it is taken over by
Freightliner.
References
External links
*
YouTube video at Earles Sidings
{{Construction industry in the United Kingdom
British companies established in 2013
Wholesalers of the United Kingdom
Building materials companies of the United Kingdom