Brickability buys clay bricks supplier in latest acquisition

By Daniel Gayne2022-06-01T09:42:00

Materials firm continues takeover spree with another £4.75m deal

Materials firm Brickability has continued its years-long acquisition spree with the purchase of a clay bricks supplier for £4.75m.

The AIM-listed materials distributor will make an initial cash payment of roughly £3.33m for Modular Clay Products Limited (MCP), with the rest to be paid in cash over the next three years, subject to adjustment against performance criteria.

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