Breedon Group, a vertically integrated construction materials group operating across Great Britain, Ireland and the United States, has completed the acquisition of Falling Springs Quarry in St Louis, Missouri, for an enterprise value of $120 million (€110.5 million), as reported by Construction and Demolition Recycling. The quarry, the sole trading asset of Casper Stolle Quarry and Contracting Co., will be integrated with Breedon's existing operations in the region.

Falling Springs is a highly automated quarry with 185 million tonnes of limestone reserves located approximately 15 minutes from downtown St Louis. The site produces over 2.2 million tonnes of aggregates per annum, positioning it as a significant volume asset within Breedon's US platform. The transaction was funded through Breedon's existing revolving credit facility and is expected to be immediately margin and earnings enhancing.

Following the transaction, Breedon's pro-forma covenant leverage at 31 December 2025 would have been 2.0 times, in line with the group's stated financial framework. The acquisition is consistent with Breedon's strategy to expand through disciplined, value-accretive mergers and acquisitions as it scales its US business.

Rob Wood, chief executive officer of Breedon Group, said: "The acquisition of Falling Springs Quarry represents an attractive bolt-on investment which strengthens our US platform with a premium aggregates asset in an exceptionally strategic location. The business is well-invested, highly cash generative and extremely complementary to our existing operations in the St Louis area, supporting our long-term growth ambitions in the United States."

The St Louis metropolitan area is one of the most active construction markets in the US Midwest, supported by sustained investment in road infrastructure, commercial development and industrial facilities. Aggregates are a foundational input across all these project categories, making a high-volume quarry in close proximity to the city a strategically significant asset for a materials group seeking to grow its vertical integration in the region.

Breedon entered the US market through its acquisition of BMC Enterprises in 2021 and has since built a platform spanning aggregates, asphalt and surfacing across multiple states. The Falling Springs acquisition adds a further premium limestone asset to that portfolio, extending the group's supply chain depth and geographic reach across the broader St Louis construction market.

Access the acquisition details and strategic commentary in the full story.