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GROUP DE CLOEDT
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STATEMENT
On July 12, 2013, the Société d’Exploitation des Carrières d’Yvoir SA (SECY) (Yvoir) Company , previously owned by Ballast Nedam was sold to the De Cloedt group. The new owner is one of its subsidiaries, Granulats et Sables de Wallonie sa. This sale is part of the De Cloedt Group strategy which aims to strengthen its position in aggregates.
The sandstone quarry in Yvoir (Belgium) provides high quality hard sandstone aggregates, which are mainly used in the production of asphalt and for railroad production. Some calibers are also used for the manufacture of concrete products. Ballast Nedam acquired the quarry in 1995. It produces annually 600,000 tons of crushed stone.
The Belgian company the De Cloedt Group is active in the extraction, production and marketing of sand and aggregates. It is also active in inland water transport as well as clean-up projects, soil cleansing and dredging.
Granulats et Sables de Wallonie sa, the SECY Group and the De Cloedt Group have maintained a business relationship for many years. This transaction will enable this collaboration to enter a new phase in guaranteeing the continuity of the interests of customers, employees and all other stakeholders involved with the company.
GROUP DE CLOEDT acquired la Société d' Exploitation des Carrières d' Yvoir sa (SECY)
14|08|13STATEMENT
On July 12, 2013, the Société d’Exploitation des Carrières d’Yvoir SA (SECY) (Yvoir) Company , previously owned by Ballast Nedam was sold to the De Cloedt group. The new owner is one of its subsidiaries, Granulats et Sables de Wallonie sa. This sale is part of the De Cloedt Group strategy which aims to strengthen its position in aggregates.
The sandstone quarry in Yvoir (Belgium) provides high quality hard sandstone aggregates, which are mainly used in the production of asphalt and for railroad production. Some calibers are also used for the manufacture of concrete products. Ballast Nedam acquired the quarry in 1995. It produces annually 600,000 tons of crushed stone.
The Belgian company the De Cloedt Group is active in the extraction, production and marketing of sand and aggregates. It is also active in inland water transport as well as clean-up projects, soil cleansing and dredging.
Granulats et Sables de Wallonie sa, the SECY Group and the De Cloedt Group have maintained a business relationship for many years. This transaction will enable this collaboration to enter a new phase in guaranteeing the continuity of the interests of customers, employees and all other stakeholders involved with the company.
