LSF9 Concrete II Ltd lowers stake in Forterra
15 February 2022
Goodbody acted as lead manager on secondary placing.
Company:
Forterra
Transaction:
Capital raising
Sector:
Building & Real estate
Date:
April 20 2017
Country:
UK
Activity:
Bricks and blocks producer
Forterra is a leading producer of bricks, blocks and complementary bespoke products in the UK. The Group has a strong market position in its core products of bricks and blocks which comprise 75% of its turnover and 90% of its EBITDA. The Group is the number 2 player in the consolidated brick sector and is the sole manufacturer of premium priced Fletton bricks in the UK. The Group operates solely in the UK, with its end markets comprising c.55% Residential new build, c.40% Residential RMI and c.5% Commercial.
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