Brickability Group Acquires HBS NE Limited

As the UK Government announces further plans and the introduction of new legislation to drive the transition to net-zero, Brickability Group plc (AIM: BRCK), the leading construction materials distributor is pleased to announce today the acquisition of renewable energy business, HBS NE Limited.

Marking its first acquisition in the renewable energy products sector, the acquisition is a key milestone in the Group’s strategy to broaden its offering and focus on its own sustainability commitments.

John Richards, Chairman, Brickability Group plc, said: “At Brickability we have continued to invest to ensure we remain at the forefront of the industry.

“We strive to respond to the growing demands and requirements of our customers, by expanding our offering both organically and, through the acquisition of complementary businesses with a shared ethos. 

“The renewable energy product sector is an area we have been looking to move into for some time as we focus not only on helping our customers address carbon reduction, but also on our own commitments and responsibility to implement sustainable solutions.

“This acquisition marks another important milestone for Brickability and we believe it will deliver significant value for our shareholders as we continue to enhance and diversify the business.”

www.brickabilitygroupplc.com

Related Article