Brickability: Taylor Maxwell deal significantly enhances the proposition

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  • Brickability in strong position as booming demand puts squeeze on brick supplies
  • Brickability says Taylor Maxwell acquisition is ‘perfect match’ adding to ongoing strong pipeline of M&A
Brickability Group PLC - Brickability

Quick facts: Brickability Group PLC

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Brickability Group PLC businesses are focussed around three core product areas; Bricks and Building Materials, Roofing Products and Services as well as Heating, Plumbing and Joinery.

The group distributes, and in many cases installs superior quality and strategically important building materials from major UK and European manufacturing partners, providing product solutions to both private and commercial specifiers, contractors, developers and builders.

The group is a market leading supplier of facing bricks, blocks, rainscreen cladding systems, architectural masonry, paving, roof tiles and slates to the construction industry.

08 Jun 2021

Brickability PLC () can use its strong position to ride out on the current squeeze on raw materials, chairman John Richards told a Proactive /Cenkos online forum today.

“We have bigger allocations from GB brick makers than anybody else. We have access to more European bricks and roof tiles, and towel radiators and doors and windows,” Richards said.

“So, we’re in a very, very strong position and with our own transportation business from Europe not only can we source it we can get it here and a lot of our competitors will be struggling to do that.”

The company is the UK’s second-largest importer of bricks behind Austrian giant Wienerberger.

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02 Jun 2021

() is acquiring Taylor Maxwell Group, a supplier of timber and non-combustible cladding, for up to GBP63mln.

The deal will be part-funded by an oversubscribed GBP55mln sale of shares at a 8% discount to the closing price on Tuesday.

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30 Apr 2021

() said it has appointed its interim chief financial officer Mike Gant to the position permanently and to the board with immediate effect.

“I am delighted to welcome Mike to the board and the permanent role of Chief Financial Officer. Mike has made a very positive contribution since joining and we look forward to working with him in the years ahead,” chairman John Richards said in a statement.

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19 Jul 2021

() John Richards joins Proactive London’s Katie Pilbeam to explain recent developments at the firm.

The business recently acquired Taylor Maxwell Group, described by Richards as ‘transformational’, a supplier of timber and non-combustible cladding, for up to GBP63mln.

Richards says ‘it is a higher quality business with a lot of very knowledgeable staff with great expertise’.

14 Apr 2021

Brickability is a leading supplier of bricks and other building materials to the UK construction industry, and is well-positioned to consolidate the fragmented UK building products supplier space. The company has undertaken four acquisitions since its IPO in 2019, which adds to some twelve acquisitions carried out previously in the years since it was founded in 1984. As a result of this acquisition process, the group has branched out from its core bricks and building materials distribution into the adjacent areas of roofing products and services as well as heating, plumbing and joinery. These moves make compelling strategic logic, as the divisional businesses enjoy a common customer base, and hence provide a simpler procurement process for its customers. Further, the new areas also enjoy significantly higher margins.

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Brickability says Taylor Maxwell acquisition is ‘perfect match’ adding to…

Brickability Group PLC (LON:BRCK) John Richards joins Proactive London’s Katie Pilbeam to explain recent developments at the firm.

The business recently acquired Taylor Maxwell Group, described by Richards as ‘transformational’, a supplier of timber and non-combustible cladding, for up…

7 hours, 1 minute ago

2 min read

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