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British manufacturer of building products From Wikipedia, the free encyclopedia
Forterra is a manufacturer of building products for the United Kingdom's construction industry. Founded by Hanson as Hanson Building Products, it is listed on the London Stock Exchange.
Formerly | Hanson Building Products |
---|---|
Company type | Public |
LSE: FORT | |
Industry | Construction Materials |
Founder | Hanson |
Headquarters | Northampton, England |
Key people | Justin Atkinson, (Chairman) Neil Ash, (CEO) |
Revenue | £346.4 million (2023)[1] |
£24.1 million (2023)[1] | |
£12.8 million (2023)[1] | |
Website | www |
Forterra was formed as Hanson Building Products as the building products division of Hanson.[2]
Acquisitions included The Butterley Company in 1968,[3] London Brick in 1984,[3] Red Bank Manufacturing Company[4] and Marshalls Flooring in 2002,[5] Marshalls Clay Products and Thermalite in 2005,[6] and Formpave Holdings in 2006.[7]
In September 2007, Hanson was acquired by HeidelbergCement, who in March 2015 sold the company and Hanson’s North American building products business to Lone Star Funds.[8]
In October 2015, Hanson Building Products was rebranded as Forterra plc.[9] It was first listed on the London Stock Exchange in April 2016.[10]
Forterra's brands include Cradley, Ecostock, Formpave, Jetfloor, London Brick and Thermalite blocks. In 2018, produced over 25% of the supply of bricks in Britain.[11]
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