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Michelmersh Brick Holdings has acquired the entire issued share capital of Floren & Cie, a Belgian clay brick manufacturer, for a maximum consideration of EUR 9.9 million. The acquisition enhances Michelmersh's product portfolio and provides a foothold in new European markets.
Michelmersh Brick Holdings was chosen to supply 440,000 wire-cut bricks for the Battersea Power Station project in London. The bricks are produced at its Blockleys plant in Telford, Shropshire.