MORE deals are in the pipeline for Marwyn Materials before the end of the year, according to its Guernsey-based chairman Peter Tom.

In an exclusive interview with the Guernsey Press the island resident and Leicester Tigers chairman revealed that the reverse acquisition of Breedon Holdings by subsidiary Marwyn Materials Investments was just the start of what the company intends to be a consolidation of the UK building materials market.

The industry is currently dominated by five foreign firms – Anglo American, Cemex, Lafarge, Holcim and Heidelberg.

‘Breedon is a platform for us. It’s the sixth-biggest firm in the UK and the only British firm in that top six,’ said Mr Tom (pictured), who made his name in the industry as the former boss of Aggregate Industries, which was later sold to the Swiss firm Holcim.

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