The Lafarge Tarmac merger has begun trading this week combining their cement, aggregates, ready-mix concrete, asphalt and asphalt surfacing, maintenance services and waste service businesses in the UK.
The new firm hope to generate savings of £60M through improved operational, logistical and purchasing efficiencies.
Completion of the joint venture followed the final clearance from the Competition Commission. Clearance was dependent on the sale of a portfolio of Tarmac and Lafarge construction materials operations in the UK. The sales were completed on 7 January.
Heading the firm will be chief executive officer Cyrille Ragoucy, chief finance officer Guy Young and non-executive chairman Jamie Pike.