FALLING SPRINGS QUARRY acquired by BREEDON GROUP
Context
Breedon Group plc has completed the acquisition of Falling Springs Quarry, a strategic move that strengthens the company's US platform and expands its presence in the US aggregates market. The acquisition is driven by the high quality of the asset and its attractive location. Situated just 15 minutes from downtown St. Louis, the quarry benefits from direct access to one of the Midwest's key construction materials markets. With estimated limestone reserves of 185 million tons and an annual production capacity of over 2.2 million tons, the quarry provides the group with a significant and sustainable source of supply. The acquisition also reinforces Breedon's vertical integration strategy, complementing the company's existing operations in the region and enabling it to better control the supply of raw materials for its downstream activities. This integration is expected to optimize logistics flows, improve cost control, and support the development of new business opportunities in the local market.
FALLING SPRINGS QUARRY, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Falling Springs Quarry is a limestone quarry located in the state of Missouri, in close proximity to the St. Louis metropolitan area. This asset is one of the region's primary aggregate extraction sites, benefiting from a strategically advantageous geographic position within a thriving economic hub characterized by strong demand for construction materials. With estimated reserves of approximately 185 million tons of limestone, the quarry has a long-term operational outlook spanning several decades. Its high level of automation and investments made over time enable it to operate in accordance with modern industrial standards, boasting an annual production capacity exceeding 2.2 million tons. This unique combination of deep reserves, operational efficiency, and proximity to end-markets constitutes a significant competitive advantage.
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REFERENCES
Valuation range: EV 100M - 350M USD
EBITDA range: 5M - 25M USD
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: breedon group