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.”
