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Brickability makes Essex roofing supplies group first acquisition since IPO

McCann imports and distributes tiles from across France, Spain and Belgium.

Brickability Group Plc -

Brickability Group Plc (LON:BRCK) has made its first acquisition since joining AIM last year with the £2.75mln purchase of McCann Roofing Products.

McCann imports and distributes clay tiles and slates from across France, Spain and Belgium.

Based in Grays, Essex, the business reported a profit before tax of £0.7mln on revenues of £8.2mln and will diversify Brickability's European material supply, product range and takes it into new regions in the UK.

Alan Simpson, chief executive, 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.”

Quick facts: Brickability Group Plc

Price: 73 GBX

AIM:BRCK
Market: AIM
Market Cap: £168.23 m
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