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Readymix in concrete division sale talks

Building materials group Readymix said today that it was in talks over selling part of its concrete products division.

'Readymix advises that it has been in discussions with a potential buyer with regard to a possible disposal of selective parts of the group's concrete products division', a statement to the Irish Stock Exchange said.

The company said the announcement does not constitute an agreement, and there will be more details released in around three to four weeks.

A spokeswoman for the company said that the Naas facility in Kildare would not be included in any deal, but that the other locations within the concrete divisions would be.