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Announced

Completed

Brickability completed the acquisition of Topek for £48m.

Financials

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Transaction Value£48m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales1.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Acquisition

Domestic

Completed

Single Bidder

construction services

Majority

Private

Friendly

Construction Services

Synopsis

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Brickability, a building material company, completed the acquisition of Topek, a construction services provider, for £48m. "We've seen in our Bricks and Building Materials division how cladding products supply has gone from strength to strength. With Topek, which will sit in our Contracting division, we will be building on that and expanding our existing product and services range into supply and installation as we continue to pursue our diversified multi-business strategy," Alan Simpson, Brickability CEO.

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