Concrete firm Cidon set for £60m turnover

Aaron Morby 4 months ago
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Yorkshire concrete subcontractor Cidon is set to hit £60m revenue this year after securing several heavy civil contracts and opening a new office in the North West.

Group managing director Stephen Simpson
Group managing director Stephen Simpson

Since switching to an Employee Ownership Trust model in 2021, the Cidon Group raised turnover to £43m in the year to February 2024 following successful delivery to date of £58m worth of large energy for waste facilities in the Midlands, North West and Scotland.

The Barnsley-based firm has continued its growth into the North West, opening an office in Skelmersdale, Lancashire appointing Darren Hynes as regional director.

Group managing director Stephen Simpson said: “We are confident that in this financial year our continued growth will take our turnover above £60m.

“We have some incredible people working for Cidon and our experience and technical ability is proven, particularly in the energy and heavy civils sector.”

Cidon has recently secured a place on the KDP8 framework as a strategic supply partner to Key Delivery Partner Sir Robert McAlpine as part of the Sellafield PPP model.

This will deliver a steady income stream for years and open a new sector for the business.

Cidon will shortly start piling for foundations for Sheffield’s £100m CODE development on Wellington Street.

The 32-storey high rise scheme comprises three blocks to generate over 1,000 flats in Sheffield city centre.

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