Ibstock plc

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Ibstock plc
Public limited company
Traded as LSEIBST
Industry Building materials
Founded 1899
Headquarters Ibstock, Leicestershire
Key people
Jamie Pike (Chairman)
Wayne Sheppard (CEO)
Products Clay bricks
Revenue £451.6 million (2017)[1]
£94.8 million (2017)[1]
£73.6 million (2017)[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] CRH bought a majority stake in the business in 1998 and the balance of the shares in October 2011[4] The business was then acquired by Bain Capital as part of a management buyout in February 2015.[2] and 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. ^ a b c "Preliminary Results 2017" (PDF). Ibstock. Retrieved 26 March 2018. 
  2. ^ a b c d "Ibstock builds IPO hopes on UK brick shortage". The Telegraph. 28 September 2015. Retrieved 6 December 2015. 
  3. ^ "French losses and strong pound cost Redland dear". The Independent. 28 March 1997. Retrieved 6 December 2015. 
  4. ^ "CRH swoops on Ibstock in pounds 326m deal". The Independent. 23 October 2011. Retrieved 6 December 2015. 

External links

  • Official site
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