Forterra plc
 | |
| Formerly | Hanson Building Products |
|---|---|
| Company type | Public |
| LSE: FORT | |
| Industry | Construction Materials |
| Founder | Hanson |
| Headquarters | Northampton, England |
Key people | Justin Atkinson, (Chairman) Neil Ash, (CEO) |
| Revenue |  £346.4 million (2023)[1] |
| £24.1 million (2023)[1] | |
| £12.8 million (2023)[1] | |
| Website | www |
Forterra (formerly Hanson Building Products) is a manufacturer of building products for the United Kingdom's construction industry. It is listed on the London Stock Exchange.
It was originally founded as a division of Hanson Plc.
History
[edit]Forterra was formed as Hanson Building Products as the building products division of Hanson Plc.[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 first 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. During 2018, the firm produced more than 25 percent of all the bricks made in Britain that year.[11]
References
[edit]- ^ 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.
