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Brickability Group PLC >
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Cenkos: Brickability Group Plc -- U Plastics acquisition

  • 11 Mar 2020

Cenkos: Brickability Group Plc -- U Plastics acquisition


Brickability Group PLC (BRCK:LON) | 67.5 1 2.3% | Mkt Cap: 155.6m


  • Cenkos Securities
    • Kevin Cammack

    • 6 pages

Electrical and Electronic Equipment image


 
Electrical and Electronic Equipment image


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) ....

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Cenkos: Brickability Group Plc -- U Plastics acquisition


Brickability Group PLC (BRCK:LON) | 67.5 1 2.3% | Mkt Cap: 155.6m


  • Published: 11 Mar 2020
  • Author: Kevin Cammack
  • Pages: 6
  • Cenkos Securities


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) ....


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