Scottish-based aggregate and building materials group Alexander
Russell has appointed College Hill to handle its financial PR in the
wake of failed merger talks with the RMC Group.
In April, following a breakdown in talks with the RMC Group, Alexander
Russell announced that it had decided to remain an independent
College Hill replaces Cardew, which oversaw PR for Alexander Russell
during the failed merger talks.
The contract was awarded after a three-way pitch which included Buchanan
’The brief we have been given is to widen interest in Alexander
Russell’s stock and help ensure it is correctly valued,’ said College
Hill executive Michael Padley, who is heading the account.
College Hill will arrange various meetings for Alexander Russell with
analysts and fund managers, and handle media relations with the
The contract will include introducing Alexander Russell to new financial
institutions in conjunction with broker Bell, Laurie and White.
In March, Alexander Russell posted a 54 per cent increase in 1998
pre-tax profits to pounds 4.3 million, on a turnover of pounds 44.9
- College Hill has been appointed to the financial PR brief for oil
exploration company Emerald Energy. The brief is to attract support
through the financial press, brokers and institutions.