Acuity Law advises Brickability Group plc on first acquisition since AIM listing
Acuity is pleased to have advised Brickability Group plc on their acquisition of McCann Roofing Products Limited (McCann) for £2.75m.
The acquisition is the first by Brickability since its successful AIM IPO in August 2019. McCann, a specialist importer and distributor of roofing products and supplies, increases and diversifies Brickability’s European material supply and product range and will expand the distribution of roofing products into new regions across the UK.
Alan Simpson, CEO of Brickability, said: “Bringing McCann into the Brickability Group is very exciting. This is exactly the sort of acquisition we set out to make when we listed: the right price with strong management, great performance and a strong business model that fits the Brickability mould”.
Corporate partner Beverley Jones and associate Tom Saunderson led the transaction, with cross departmental support from Ben Honour, Emma Hutchings and Chris Doherty.