Ibstock plc
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(Redirected from Ibstock Group)
| File:Ibstock logo.svg | |
| Company type | Public limited company |
|---|---|
| Industry | Building materials |
| Founded | 1899 |
| Headquarters | Ibstock, Leicestershire |
Key people | Jonathan Nicholls (Chairman) Joe Hudson (CEO) |
| Products | Building Materials |
| Revenue | Decrease £405.8 million (2023)[1] |
| Decrease £35.0 million (2023)[1] | |
| Decrease £21.1 million (2023)[1] | |
| Website | www.ibstock.co.uk |
Ibstock plc is a manufacturer of clay bricks and concrete products with operations in the UK. 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
- ↑ 1.0 1.1 1.2 "Preliminary Results 2023" (PDF). Ibstock. Retrieved 6 March 2024.
- ↑ 2.0 2.1 2.2 "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.
