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New Deal


Announced

Brickability Group to acquire Taylor Maxwell for £63m.

Financials

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Transaction Value£63m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

timber construction

Majority

Friendly

Single Bidder

Private

Acquisition

building materials

Domestic

Building Materials: Other

United Kingdom

Synopsis

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Brickability Group, a construction materials distributor, agreed to acquire Taylor Maxwell, a supplier of timber and non-combustible cladding to the construction industry, for £63m ($89m). "The acquisition of Taylor Maxwell is the 11th strategically significant acquisition made by Brickability since 2018 and is absolutely in line with the strategy we set out at IPO. As Brickability continues to grow, this acquisition marks a significant expansion in the range of solutions we can deliver for our growing client base and represents a significant value-add for our shareholders," John Richards, Brickability Chairman.

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