Steetley plc

Steetley plc

A Leyland Truck formerly operated by Steetley plc
Industry	Building materials
Founded	1885
Defunct	1992
Fate	Acquired
Successor	Redland plc
Headquarters	Rugby, Warwickshire, UK
Key people	David Donne (Chairman) [1] [2]

Steetley plc was a large building materials business based in Rugby, Warwickshire, England.

History

The business was founded by Isaac Sharples as The Steetley Lime and Building Stone Company at Steetley near Worksop in Nottinghamshire in January 1885. ^[3]

It initially mined dolomite deposits for use in blast furnaces for steelmaking. However, it grew organically and by acquisition to become a large broadly-based building materials business. ^[4]

In 1952, the company acquired the Canada Crushed and Cut Stone Company, which mined dolomite deposits near Niagara Falls in Canada. ^[5]

A takeover bid by Hepworth Ceramic Holdings was blocked by the Monopolies and Mergers Commission in 1984. ^{[6] [7]}

The company moved its headquarters from Gateford Hill in Worksop in Nottinghamshire to Brownsover Road in Rugby, Warwickshire in 1986. ^[8]

In early 1992, after a hostile takeover battle, the company was acquired by one of its major British-based competitors, Redland plc for £1 billion. ^{[9] [10] [11]}

References

1. "David Donne, Chairman, Steetley plc, Winter & Kidson". IMS Vintage Photos. Retrieved 1 December 2025.
2. Gill, H. (1990). "Spon's Quarry Guide To The British Hard Rock Industry". Taylor & Francis. p. 305.
3. "Steetley Works". Inspire Picture Archive. Retrieved 1 December 2025.
4. "Steetley plc". Grace's Guide. Retrieved 2 December 2025.
5. "Quarries". Whitwell Local History Group. Archived from the original on 6 January 2006.
6. "Hepworth Ceramic Holdings PLC and Steetley PLC: A report on the proposed merger of Hepworth Ceramic Holdings PLC and Steetley PLC". Monopolies Commission. Archived from the original on 2 December 2011.
7. "Competition and Markets Authority's decision to review structural merger undertakings given before1 January 2005" (PDF). Competition and Markets Authority. p. 3. Retrieved 2 December 2025.
8. "60 years of service to Freemasonry". Worksop Freemasons. 11 April 2020. Retrieved 1 December 2025.
9. "Redland moves nearer in bid to gain control of Steetley". constructionnews.co.uk. 9 January 1992.
10. "Redland's £625M hostile bid for Steetley reaches climax". constructionnews.co.uk. 26 March 1992.
11. Connon, Heather (26 March 1993). "Steetley buy boosts Redland figures: Earnings per share fall by a fifth". The Independent.