Ibstock plc
Appearance
(Redirected from Ibstock Group)
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Company type | Public limited company |
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Industry | Building materials |
Founded | 1899 |
Headquarters | Ibstock, Leicestershire |
Key people | Jonathan Nicholls (Chairman) Joe Hudson (CEO) |
Products | Building Materials |
Revenue | ![]() |
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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
[edit]![](http://upload.wikimedia.org/wikipedia/commons/thumb/2/22/Quarry_at_Ibstock_-_geograph.org.uk_-_373352.jpg/240px-Quarry_at_Ibstock_-_geograph.org.uk_-_373352.jpg)
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
[edit]- ^ a b c "Preliminary Results 2023" (PDF). Ibstock. Retrieved 6 March 2024.
- ^ 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.