France-based
The group currently holds stakes of 25% and 34%, respectively in PPL and Vendée Béton, with the balance owned by certain of the Group’s family shareholders. The two companies produced a combined turnover of €34.5million in 2009.
News of the merger came with publication of the company’s results which showed a 3.3% rise in turnover in the third quarter to just under €150million. Gains were made in the materials trading and joinery sectors of the business.