Brickability win AIM Transaction of the Year Award

RNS Number : 3551P
Brickability Group PLC
18 October 2021
 

REACH

 

18 October 2021

 

Brickability Group PLC

("Brickability" or "the Company" or "the Group")

 

Brickability wins AIM Transaction of the Year Award

 

Brickability Group plc, the leading construction materials distributor, is pleased to announce that the Company has received the AIM 'Transaction of the Year Award' at this year's AIM Awards, held in London on 14 October 2021.

The AIM Awards celebrate companies that have made outstanding achievements on the world's most successful growth market, recognising the quoted companies and entrepreneurs who have harnessed AIM to help them fulfil their ambition and growth potential in the last twelve months.

The award recognises Brickability Group's acquisition of Taylor Maxwell, which completed in June 2021. The transaction brought together two of the UK's leading building materials suppliers, with Taylor Maxwell bringing a specialism in distributing bricks, timber and non-combustible cladding to the construction industry. The integration gave the Group greater access to supply chain agreements with building contractors, developers, architects and timber merchants. 

Alan Simpson, CEO, commented : "We are delighted to have won 'Transaction of the Year 2021'. The acquisition of Taylor Maxwell has been an ambition of ours since listing in 2019 given the strong strategic and commercial fit of the business. The completion of such a transformational transaction will enable us to continue to expand and enhance our presence within the UK marketplace, further strengthening the business as we move into 2022."

 

ENDS

 

Enquiries:

 

Brickability Group plc

John Richards, Chairman

Alan Simpson, CEO

Mike Gant, CFO

 

via Montfort Communications

Cenkos Securities plc  

(Nominated adviser and broker )

Ben Jeynes, Max Gould (Corporate Finance)

Julian Morse, Alex Pollen (Sales)

 

+44 (0) 207 397 8900

Montfort Communications  (Financial PR)

James Olley

Georgia Colkin

Miles McKechnie

 +44 (0) 203 770 7909 

 brickability@montfort.london

 

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