Ibstock plc
 | |
| Company type | Public limited company |
|---|---|
| LSE: IBST | |
| Industry | Building materials |
| Founded | 1899 |
| Headquarters | Ibstock, Leicestershire |
Key people | Jonathan Nicholls (Chairman) Joe Hudson (CEO) |
| Products | Building Materials |
| Revenue | £409.3 million (2019)[1] |
| £84.0 million (2019)[1] | |
| £66.5 million (2019)[1] | |
| Website | www.ibstockplc.com |
Ibstock plc is a manufacturer of clay bricks and concrete products with operations in the UK and the United States. 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]
References
- ^ a b c "Preliminary Results 2019" (PDF). Ibstock. Retrieved 3 March 2020.
- ^ a b c "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.