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 is a manufacturer of building products for the United Kingdom's construction industry. Founded by Hanson as Hanson Building Products, it is listed on the London Stock Exchange.
Forterra was formed as Hanson Building Products as the building products division of Hanson. [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 listed on the London Stock Exchange in April 2016. [10]
Forterra's brands include Cradley, Ecostock, Formpave, Jetfloor, London Brick and Thermalite blocks. In 2018, produced over 25% of the supply of bricks in Britain. [11]
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Founded in 1839 as a textile manufacturer, it underwent a drastic restructuring into a conglomerate starting in 1965 under the leadership of chairman and CEO Warren Buffett and vice chairman Charlie Munger. The company's main business and source of capital is insurance, from which it invests the float in a broad portfolio of subsidiaries, equity positions and other securities. Buffett and Munger are known for their advocacy of value investing principles and under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt.
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is a stock market index of 100 of the most highly capitalised blue chip companies listed on the London Stock Exchange.
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CRH plc is an international group of diversified building materials businesses whose headquarters is in Dublin, Ireland. It manufactures and supplies a wide range of products for the construction industry. The group was formed through a 1970 merger of two leading Irish public companies, Cement Limited and Roadstone Limited (1949). CRH's primary listings are on the London Stock Exchange and on Euronext Dublin, but from 25 September 2023 its primary listing will be on the New York Stock Exchange.
Heidelberg Materials UK is a British-based building materials company, headquartered in Maidenhead. Previously known as Hanson UK, the company has been a subsidiary of the German company HeidelbergCement since August 2007, and was formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index.
McCarthy & Stone Limited, trading as McCarthy Stone, is a developer and manager of retirement communities in the United Kingdom. It was acquired by Lone Star Funds in 2021.
Marshalls plc is a United Kingdom based manufacturer of natural stone and concrete hard landscaping products, supplying the construction, home improvement and landscape markets. It is based in Elland, West Yorkshire. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.
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Brickworks is Australia's largest brick manufacturer, consisting of four divisions – Building Products Australia, Building Products North America, Industrial Property, and Investments.
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Beazer was a family business for six generations before expanding in the 1980s into international housebuilding, construction and building materials group. After becoming overburdened with debt it was rescued by Hanson plc in 1991. A new Beazer Group, comprising solely the UK housebuilding business, was demerged from Hanson in 1994, and bought by Persimmon plc in 2001.
Ketton Cement Works is a large cement plant and quarry based in the village of Ketton in the county of Rutland in the United Kingdom. Now owned by HeidelbergCement, the plant produces around one tenth of the UK's Portland Cement needs. Ketton works employs around 220 people and is at the forefront of sustainable cement production, namely through the increasing use of non-fossil fuels for the kilns.
Breedon Group plc is a British construction materials company which has its headquarters at Breedon on the Hill, Leicestershire, England. The current chairman is Amit Bhatia, son-in-law of Lakshmi Mittal, the billionaire steel magnate who became a Breedon shareholder following the acquisition of Hope Construction Materials. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.