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News » UK » Tarmac takes over Riney » published 17 May 2017

Tarmac takes over Riney

Building materials supplier Tarmac has taken over civil engineering and highway maintenance contractor JB Riney to boost its own contracting operations.

Tarmac, itself acquired by CRH in 2015 from Lafarge and Anglo American, plans to work with the JB Riney management team to maintain continuity for existing Riney customers. The company will continue to operate under the Riney name, and will form part of the highways services division within Tarmac’s contracting business.

JB Riney is based in Stratford, east London, and has been in business for more than 40 years. Until today, it described itself as “one of the few remaining fully independent civil engineering companies in London”.

In the year to 31st March 2016 JB Riney generated turnover of £42.7m and made a pre-tax profit of £591,000.

Founder John Brendan Riney, originally from County Kerry, died in December 2016 at the age of 82.

 

MPU

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This article was published on 17 May 2017 (last updated on 19 May 2017).

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