Ibstock plc
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File:Ibstock logo.jpg | |
Public limited company | |
Traded as | LSE: IBST |
Industry | Building materials |
Founded | 1899 |
Headquarters | Ibstock, Leicestershire |
Key people
|
Jamie Pike (Chairman) Wayne Sheppard (CEO) |
Products | Clay bricks |
Revenue | £358.3 million (2015)[1] |
£163.6 million (2015)[1] | |
£101.6 million (2015)[1] | |
Website | www.ibstockplc.com |
Ibstock plc is a large brick making business. 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] A majority stake in the business was acquired by CRH in 1998 with the balance of the shares being bought by CRH in October 2011.[4] The business was then acquired by Bain Capital as part of a management buyout in February 2015.[2] It was the subject of an initial public offering in October 2015.[2]
Operations
The company manufactures 40% of the clay bricks produced in the United Kingdom.[2]