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Miller buys Wimpey Mining
00:00 08 Aug 1996
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The Miller Group's purchase of Wimpey Mining will make it the UK's
leading opencast coal contractor with a combined turnover of
œ40 million.
Announcing the deal last week, Keith Miller, chief executive of the Miller Group, said: "Wimpey Mining is an excellent strategic fit with our existing mining business.
"The market is tough at the moment, with not enough new sites coming out, but we hope to see one or two new developments soon."
Wimpey Mining, whose turnover is over œ20 million, operates five sites: Ffos Las, Gilfach Iago and Great White Tip - all in South Wales - for Celtic Energy; Bleak House near Cannock, Staffordshire, and Ryne Hill, Durham - for RJB Mining.
The consolidation will make Miller one of the largest earthmoving contractors in Europe. Miller Mining is also active overseas. It is currently pursuing new contracts in Indonesia.
Announcing the deal last week, Keith Miller, chief executive of the Miller Group, said: "Wimpey Mining is an excellent strategic fit with our existing mining business.
"The market is tough at the moment, with not enough new sites coming out, but we hope to see one or two new developments soon."
Wimpey Mining, whose turnover is over œ20 million, operates five sites: Ffos Las, Gilfach Iago and Great White Tip - all in South Wales - for Celtic Energy; Bleak House near Cannock, Staffordshire, and Ryne Hill, Durham - for RJB Mining.
The consolidation will make Miller one of the largest earthmoving contractors in Europe. Miller Mining is also active overseas. It is currently pursuing new contracts in Indonesia.
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