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