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[January 2002]

Hanson Combines European Quarry Products and Brick Operations


As part of its ongoing review of its European operations, Hanson PLC is combining its European quarry products and brick divisions. The new division unites Hanson Quarry Products Europe (HQPE) and Hanson Bricks Europe (HBE) and will now be called Hanson Building Materials Europe (HBME).

The principal objective of this initiative is to streamline administration, reduce overheads and improve customer service by creating a more integrated building materials business.

The new division employs approximately 8,000 people and has an annual turnover of approximately £1.5 billion. In the UK, it enjoys leading market positions in aggregates, ready-mixed concrete, bricks, concrete pipes and concrete products. It also has operations in Spain, Israel and six other continental European countries.

Simon Vivian, formerly chief executive of HQPE, will head up HBME. Richard Manning, formerly chief executive of HBE, moves to Hanson Building Materials America (HBMA) as president of its Hanson Brick and Roof Tiles operation, reporting to Alan Murray, chief executive of HBMA.



ENDS

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