Brickability's second acquisition post-IPO is U Plastics Ltd, a specialist merchant in UPVC facia, soffits, guttering, exterior cladding and ancillary products. Costing £6m it ticks all the right boxes in so far as authenticating Brickability's ‘buy and build' strategy. In summary, U Plastics Ltd:
Introduces new lateral product lines (to a common end-market and customer profile).
Provides its own platform for further geographic expansion.
Is being ‘cheaply' acquired (sub-5x EV/ EBITDA) ....
11 Mar 2020
Cenkos: Brickability Group Plc -- U Plastics acquisition
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Cenkos: Brickability Group Plc -- U Plastics acquisition
Brickability Group PLC (BRCK:LON) | 67.0 -0.4 (-0.9%) | Mkt Cap: 214.1m
- Published:
11 Mar 2020 -
Author:
Cavendish Research -
Pages:
6
Brickability's second acquisition post-IPO is U Plastics Ltd, a specialist merchant in UPVC facia, soffits, guttering, exterior cladding and ancillary products. Costing £6m it ticks all the right boxes in so far as authenticating Brickability's ‘buy and build' strategy. In summary, U Plastics Ltd:
Introduces new lateral product lines (to a common end-market and customer profile).
Provides its own platform for further geographic expansion.
Is being ‘cheaply' acquired (sub-5x EV/ EBITDA) ....