Industry Building materials Headquarters United Kingdom Founded 1899 | Traded as LSE: IBST Website www.ibstockplc.com Revenue 358.3 million GBP (2015) Net income 101.6 million GBP (2015) | |
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Key people Jamie Pike (Chairman)Wayne Sheppard (CEO) Stock price IBST (LON) 216.22 GBX +0.92 (+0.43%)9 Mar, 4:49 PM GMT - Disclaimer | ||
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.
Contents
History
The company was founded in 1899 at Ibstock in Leicestershire as a coal mining business. It bought Redland's brick manufacturing business in 1996. 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. The business was then acquired by Bain Capital as part of a management buyout in February 2015. It was the subject of an initial public offering in October 2015.
Operations
The company manufactures 40% of the clay bricks produced in the United Kingdom.
References
Ibstock plc Wikipedia(Text) CC BY-SA