The acquisition, carried out through the subsidiary Glen-Gery, is a strategic bolt-on for expanding the existing footprint in the Maryland and Virginia markets and for driving sales of premium architectural products.
After years of decline, the use of clay brick as an exterior wall material for single-family homes is seeing a comeback in the United States and is gaining popularity amongst both builders and homebuyers.
Brickworks Building Products has completed its third acquisition in the United States in 15 months, creating a North American hub with 12 factories producing 400 million bricks per year.