Brickability eyes £500m turnover after snapping up larger rival

Brickability Group LSEG(1)

AIM-listed firm paying up to £63m for Taylor Maxwell

Materials distributor Brickability is paying up to £63m through a share placing for timber and cladding supplier Taylor Maxwell to put it on course to create a £500m turnover business in the next few years.

Brickability’s bigger rival was set up in 1959 in Bristol and in its last set of results posted a turnover of £254m for full year 2021 and profit of £10.4m.

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