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Brickworks Building Products acquired Redland Brick, a US brick manufacturer, for US$35 million upfront and up to US$13 million in deferred payments. The acquisition includes five production lines across four sites in Maryland, Pennsylvania, and Virginia with a total capacity of 250 million bricks per year.
“The Redland Brick purchase price comprises US$35 million in upfront payments and up to US$13 million in deferred payments, subject to certain conditions being met.”investors.brickworks.com.au
Summarized from public sources; check the original articles before acting on it.