The company was founded by Foster Yeoman, from
Hartlepool, at
Dulcote, near
Wells, in 1923. He was a former ship owner and had worked in the
iron and
steel business. After the Second World War, with Foster Yeoman ailing, business declined and the company came full circle, returning to a £20,000
turnover it had enjoyed in 1923. During 1949, Foster died and his son, John Foster Yeoman, became a managing director at the age of 21. This development was followed by the building of the railhead depot and coating plant at
Botley,
Hampshire, in 1973. On its 75th anniversary, the company published a colorful pictorial history of the company with a focus on its use of railway transport to move the aggregate. The 1980s proved to be a time of substantial change and growth for the company; between 1982 and 1989, sales more than doubled to reach £87.1 million while the business' net assets trebled in valued to £28.3 million. When John Foster Yeoman suddenly died in 1987 he was succeeded by his widow, Angela Yeoman, who decided against selling the company despite numerous parties indicating their interest in purchasing Foster Yeoman. Foster Yeoman was responsible for the supply of aggregate in the construction of multiple landmark civil engineering schemes, including the
Thames Barrier,
M25 motorway and the
Channel Tunnel. Having built up its substantial interests in Northern Europe, Foster Yeoman ran a locomotive on German railways from 1997 to 1999. Its other interests include
civil engineering and
recycling. During 1997, it acquired RJ Maxwell, an operator of a
London-based asphalt works and
wharves. Continuation of waterborne transport of aggregates on the Thames
Tideway was also ensured by the acquisition of Bennetts Barges, which also carried major components of the
London Eye and a decommissioned
Concorde aircraft. In the early 21st century, the company's direction became muddled by protracted family disagreements. During 2006, Foster Yeoman was wholly acquired by the
Holcim Group and was subsequently integrated into its
Aggregate Industries subsidiary. ==Quarries==