Acuity Law Advises Brickability On Double Acquisition

Print Friendly, PDF & Email

Acuity Law Advises Brickability On Double Acquisition

Key Contact: Beverley Jones

Author: Tom Saunderson

Acuity is pleased to have advised long-standing client and leading construction materials distributor Brickability Group plc (Brickability) on its acquisition of ET Clay Products Limited and Heritage Clay Tiles Limited, specialist suppliers of UK and imported clay facing bricks and high quality handmade and handcrafted clay roof tiles headquartered in South Ockendon, with a depot in the West Midlands and a Northern office in Hartlepool.

The acquisition is being structured by an initial cash payment of £8.1 million and deferred consideration of £3.5 million payable in cash over the next three years, subject to performance criteria.

Brickability CEO Alan Simpson said: “The acquisition provides another important step in the growth of our Import Division by further expanding the supply base of the Group through new access to a range of overseas manufacturers.”

Corporate Partner Beverley Jones and Senior Associate Tom Saunderson led the transaction, with cross departmental support from Joe Rogers, Ffion Morgan, Emma Hutchings, Demi Davies and Adam McGlynn.

For more information, contact our Corporate Team.

Recent Posts

merger banner
Acuity Law Advises Cadastra On Acquisition
November 22, 2022
wage increases
National Minimum/Living Wage (NMW/NLW) Changes 2023
November 21, 2022
Employment Webinar: Restrictive Covenants & Duties of Confidentiality
November 11, 2022
Employee Benefits Webinar: Perks & Pitfalls
November 2, 2022
signing contract
Best Endeavours or Reasonable Endeavours?
October 17, 2022
register button on keyboard
Should My Business Register With The ICO?
October 10, 2022

Archives

Categories

Skip to content