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Contents

   



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1 History  





2 Operations  





3 References  





4 External links  














Forterra plc







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Forterra plc
FormerlyHanson Building Products
Company typePublic

Traded as

LSEFORT
IndustryConstruction Materials
FounderHanson
HeadquartersNorthampton, England

Key people

Justin Atkinson, (Chairman)
Neil Ash, (CEO)
RevenueDecrease £346.4 million (2023)[1]

Operating income

Decrease £24.1 million (2023)[1]

Net income

Decrease £12.8 million (2023)[1]
Websitewww.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.
  • ^ "UK: The enhancement of Hanson". Management Today. 1 August 1991. Retrieved 6 March 2020.
  • ^ a b "Legacy of the lord with the Midas touch". The Guardian. 3 November 2004. Retrieved 6 March 2020.
  • ^ "Hanson buys Red Bank to grow mud bricks arm". Construction News. 24 October 2002. Retrieved 6 March 2020.
  • ^ "Hanson buy". Construction News. 5 December 2002. Retrieved 6 March 2020.
  • ^ "Hanson buys Thermalite for £120m". The Times. 7 March 2005. Retrieved 6 March 2020.
  • ^ "Hanson beats market but gets ready for £50 million increase in fuel bill". Citywire. 2 August 2006. Retrieved 6 March 2020.
  • ^ "Lone Star Buys HeidelbergCement Bricks Unit for $1.4 Billion". Bloomberg News. 24 December 2014. Retrieved 15 November 2016.
  • ^ "Hanson Building Products change name to Forterra". Agg.net. 7 October 2015. Retrieved 6 March 2020.
  • ^ "Ex-Hanson unit Forterra flags IPO". Interactive Investor. 29 March 2016. Retrieved 15 November 2016.
  • ^ 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.
  • [edit]
    Retrieved from "https://en.wikipedia.org/w/index.php?title=Forterra_plc&oldid=1215681097"

    Categories: 
    Building materials companies of the United Kingdom
    Companies listed on the London Stock Exchange
    Manufacturing companies based in Northampton
    Hidden categories: 
    Articles with short description
    Short description matches Wikidata
     



    This page was last edited on 26 March 2024, at 14:58 (UTC).

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