
Sherburn Minerals
Privately held company that manufacture and distribute heavy building materials.
Date | Investors | Amount | Round |
---|---|---|---|
£15.7m Valuation: £15.7m 1.0x EV/Revenue 13.6x EV/EBITDA | Acquisition | ||
Total Funding | 000k |
GBP | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 7 % | 14 % | (8 %) | 12 % | (6 %) | 9 % | (98 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 3 % | 2 % | 7 % | (2 %) | 4 % | 7 % | (8 %) |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | 1 % | 3 % | - | - | 4 % | 11 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Sherburn Minerals was founded in 1972, establishing itself as a key player in the manufacturing of essential building materials such as sand, cement, concrete, asphalt, and aggregates. The company was based in Durham, United Kingdom, and quickly became known for its reliable supply of construction materials.
Over the years, Sherburn Minerals expanded its operations, focusing on delivering quality products to meet the growing demands of the construction industry. The company operated several quarries and developed a reputation for its commitment to sustainability and innovation in material production.
A significant milestone in Sherburn Minerals' journey occurred on November 30, 2016, when it was acquired by Breedon Group, the UK's largest independent construction materials group. This acquisition, valued at £15.7 million, marked a new chapter for Sherburn Minerals, providing it with the resources and network to further enhance its market presence.
The acquisition by Breedon Group allowed Sherburn Minerals to leverage greater operational efficiencies and expand its reach within the construction sector. This strategic move underscored the importance of Sherburn Minerals' contributions to the industry and highlighted its potential for future growth under the Breedon umbrella.
Today, Sherburn Minerals continues to play a vital role in the construction materials market, benefiting from the synergies and expanded capabilities brought about by its integration into Breedon Group. The company's journey from a regional supplier to a significant part of a leading construction materials group exemplifies its enduring impact on the industry.