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Forterra plc

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Forterra plc
Formerly Hanson Building Products
Company type Public
LSE :  FORT
Industry Construction Materials
Founder Hanson
Headquarters Northampton , England
Key people
Justin Atkinson, ( Chairman )
Neil Ash, ( CEO )
Revenue Decrease ￡ 346.4 million (2023) [1]
Decrease ￡ 24.1 million (2023) [1]
Decrease ￡ 12.8 million (2023) [1]
Website www .forterra .co .uk

Forterra is a manufacturer of building products for the United Kingdom's construction industry. Founded by Hanson as Hanson Building Products, it is listed on the London Stock Exchange .

History [ edit ]

Forterra was formed as Hanson Building Products as the building products division of Hanson . [2]

Acquisitions included The Butterley Company in 1968, [3] London Brick in 1984, [3] Red Bank Manufacturing Company [4] and Marshalls Flooring in 2002, [5] Marshalls Clay Products and Thermalite in 2005, [6] and Formpave Holdings in 2006. [7]

In September 2007, Hanson was acquired by HeidelbergCement , who in March 2015 sold the company and Hanson’s North American building products business to Lone Star Funds . [8]

In October 2015, Hanson Building Products was rebranded as Forterra plc. [9] It was listed on the London Stock Exchange in April 2016. [10]

Operations [ edit ]

Forterra's brands include Cradley, Ecostock, Formpave, Jetfloor, London Brick and Thermalite blocks. In 2018, produced over 25% of the supply of bricks in Britain. [11]

References [ edit ]

  1. ^ a b c "Annual Results 2023" (PDF) . Forterra . Retrieved 26 March 2024 .
  2. ^ "UK: The enhancement of Hanson" . Management Today . 1 August 1991 . Retrieved 6 March 2020 .
  3. ^ a b "Legacy of the lord with the Midas touch" . The Guardian . 3 November 2004 . Retrieved 6 March 2020 .
  4. ^ "Hanson buys Red Bank to grow mud bricks arm" . Construction News . 24 October 2002 . Retrieved 6 March 2020 .
  5. ^ "Hanson buy" . Construction News. 5 December 2002 . Retrieved 6 March 2020 .
  6. ^ "Hanson buys Thermalite for ￡120m" . The Times . 7 March 2005 . Retrieved 6 March 2020 .
  7. ^ "Hanson beats market but gets ready for ￡50 million increase in fuel bill" . Citywire . 2 August 2006 . Retrieved 6 March 2020 .
  8. ^ "Lone Star Buys HeidelbergCement Bricks Unit for $1.4 Billion" . Bloomberg News . 24 December 2014 . Retrieved 15 November 2016 .
  9. ^ "Hanson Building Products change name to Forterra" . Agg.net. 7 October 2015 . Retrieved 6 March 2020 .
  10. ^ "Ex-Hanson unit Forterra flags IPO" . Interactive Investor . 29 March 2016 . Retrieved 15 November 2016 .
  11. ^ Lea, Robert (7 July 2018). "Brickmaker whose house rule is never to turn down a promotion". The Times . No. 72581. p. 55. ISSN   0140-0460 .

External links [ edit ]

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