Getting bigger.

Michelmersh buys FLB

Published:  13 April, 2010

BERKHAMSTEAD: Michelmersh, the UK's fourth largest brick manufacturer completed its purchase of Freshfield Lane Brickworks last week.

Around 7.69 million new ordinary shares being issued in relation to the placing and the acquisition of FLB have now been admitted to trading.

Eric Gadsden, chairman of Michelmersh said:  "The acquisition of FLB enables us to expand our operations and significantly broaden our customer base. We view it as a very compelling move forward for the business and one from which we can create real shareholder value and establish a strong platform for the company's future.

The company will announce its final results for the 12 months to 31 December 2009 on 15 April 2010.

The company also announced that Alan Hardy and Frank Hanna have joined the Michelmersh board. Mr Hardy will initially assume the role of director, responsible for integration of the Group's activities.

Mr Hanna has been appointed group commercial director and will take charge of all sales and marketing of the Group's range of clay products.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.