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Marwyn Value sells Breedon Aggregates

MVI : Marwyn Value sells Breedon Aggregates

Marwyn Value Investments has got cash equivalent to 3.7x their total investment in Breedon Aggregates – the stake was sold for £51.3m and MVI’s share of that is £43.5m. They first invested in the company as Marwyn Materials in 2008. The return works out as a IRR of 29.7%.

Marwyn made one new investment earlier in the year and say they are evaluating a number of others.

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