Founded in Lincoln in 1999, Minster works for the Ministry of Defence, refurbishing runways and airfields for the RAF, as well as repairing roads across Lincolnshire, Shropshire, Cambridgeshire, Hampshire, Oxfordshire and London.
Minister’s majority shareholding includes civil engineers Minster Surfacing and Alliance Recycling.
The deal will enable Breedon to increase its presence in the East of England and beyond, while expanding its recycling capabilities and supporting Minster’s future ambitions.
Bruce Spencer-Knott, co-founder of Minster, will continue as CEO of the company and the business will be a separate brand from Breedon.
Spencer-Knott said: “After 24 years of making Minster Group one of the country’s leading independent contractors, it’s time to take things to the next level, securing its future as part of the Breedon Group.
“The immediate investment will allow us to join our fleet of machinery to keep up with the demands of our customers.
“It also provides us with long-term security and sustainability, safeguarding jobs and protecting what the team and I have established while helping us scale and grow.
He added: “Breedon shares our commitment to smarter, greener surface and civil engineering, so this deal will also help take our commitment to innovation, technology and recycling to a whole new level.
James Haluch, managing director of Breedon’s GB Surfacing Solutions business, said: “I am delighted to welcome Minster Group to Breedon to further enhance the combined experience of both companies. Having worked with them for past 16 years, it’s great to have the opportunity to grow our regional presence in the East of England and beyond, as well as expand our recycling capabilities.”
