Ibstock plc
 | |
| Public limited company | |
| Traded as | LSE: IBST |
| Industry | Building materials |
| Founded | 1899 |
| Headquarters | Ibstock, Leicestershire |
Key people |
Jamie Pike (Chairman) Wayne Sheppard (CEO) |
| Products | Clay bricks |
| Revenue | £358.3 million (2015)[1] |
| £163.6 million (2015)[1] | |
| £101.6 million (2015)[1] | |
| Website | www.ibstockplc.com |
Ibstock plc is a large brick making business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The company was founded in 1899 at Ibstock in Leicestershire as a coal mining business.[2] It bought Redland's brick manufacturing business in 1996.[3] A majority stake in the business was acquired by CRH in 1998 with the balance of the shares being bought by CRH in October 2011.[4] The business was then acquired by Bain Capital as part of a management buyout in February 2015.[2] It was the subject of an initial public offering in October 2015.[2]
Operations
A clay pit owned by the company at Ibstock
The company manufactures 40% of the clay bricks produced in the United Kingdom.[2]
References
- 1 2 3 "Preliminary Results 2015" (PDF). Ibstock. Retrieved 9 April 2016.
- 1 2 3 4 "Ibstock builds IPO hopes on UK brick shortage". The Telegraph. 28 September 2015. Retrieved 6 December 2015.
- ↑ "French losses and strong pound cost Redland dear". The Independent. 28 March 1997. Retrieved 6 December 2015.
- ↑ "CRH swoops on Ibstock in pounds 326m deal". The Independent. 23 October 2011. Retrieved 6 December 2015.
External links
This article is issued from Wikipedia - version of the Saturday, April 09, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.