Brickability Group to acquire Taylor Maxwell for £63m.

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.