Ibstock plc

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.

Ibstock plc
Public limited company
Traded asLSE: IBST
IndustryBuilding materials
Founded1899
HeadquartersIbstock, Leicestershire
Key people
Jonathan Nicholls (Chairman)
Joe Hudson (CEO)
ProductsBuilding Materials
Revenue£409.3 million (2019)[1]
£84.0 million (2019)[1]
£66.5 million (2019)[1]
Websitewww.ibstockplc.com

History

A clay pit owned by the company at Ibstock

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]

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References

  1. "Preliminary Results 2019" (PDF). Ibstock. Retrieved 3 March 2020.
  2. "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.
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