Forterra

Quikrete Holdings will acquire all outstanding shares of Forterra, a water and drainage infrastructure pipe manufacturer, for $24.00 per share in an all-cash transaction valued at approximately $2.74 billion including debt.

Forterra PLC is investing £95 million in a new brick plant at its Desford site in Leicestershire, UK. The plant will produce 180 million bricks per year and is expected to be fully operational by end of 2022.

Forterra is investing £95 million to expand its Desford factory, increasing annual brick production from 200 million to nearly 300 million by 2022.

Forterra, Inc. announced the completion of its acquisition by Quikrete Holdings, Inc. for $24.00 per share in an all-cash deal. Forterra became a wholly owned subsidiary of Quikrete and its stock was delisted from Nasdaq.

Forterra is investing £95 million (€114 million) to build a new brick factory in Desford, Leicestershire, which will double production capacity to 180 million bricks per year. The existing plant will continue operating until the new factory starts up in 2022.

Forterra is building a new factory at its Desford plant in Leicestershire, UK, that will double brick production capacity from 85 million to 180 million bricks per year. UKWS is providing roofing and cladding for the project, with work starting in December 2019.

Forterra is replacing its existing factory at Desford with a new £95 million plant capable of producing 180 million bricks per year, more than doubling capacity. The plant is expected to become operational in 2022.

Forterra announced a £95 million project to double production capacity at its Desford plant in Leicestershire to 180 million bricks per year, with a new facility expected to commence production in 2022.

Forterra announced plans to invest £90-95 million to expand its Desford brick manufacturing site in Leicestershire, increasing capacity from 85 million to 180 million bricks per annum, with commissioning expected in late 2021.

Forterra completed a £3.2 million investment at its Claughton brickworks in Lancashire, installing a new dryer system and upgrading factory control systems, increasing capacity to over five million bricks per year.