Forterra plc | |
Former Name: | Hanson Building Products |
Type: | Public |
Founder: | Hanson |
Location: | Northampton, England |
Key People: | Justin Atkinson, (Chairman) Neil Ash, (CEO) |
Industry: | Construction Materials |
Revenue: | £346.4 million (2023)[1] |
Operating Income: | £24.1 million (2023) |
Net Income: | £12.8 million (2023) |
Forterra (formerly Hanson Building Products) is a manufacturer of building products for the United Kingdom's construction industry. It is listed on the London Stock Exchange.
It was originally founded as a division of Hanson Plc.
Forterra was formed as Hanson Building Products as the building products division of Hanson Plc.[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 Americanbuilding 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. During 2018, the firm produced more than 25 percent of all the bricks made in Britain that year.[11]