Acuity advises Brickability on two acquisitions in a week
Key Contact: Beverley Jones
Author: Tom Saunderson
Acuity Law is pleased to have advised long-standing client Brickability Group plc on their acquisitions of McCann Limited (McCann) and Bathroom Barn Limited (Bathroom Barn), both closing in the space of one week and building upon an already-impressive string of acquisitions by Brickability in 2020 (with McCann Roofing Products Limited and U Plastics Limited being acquired earlier in the year).
McCann is a haulage and logistics provider, which specialises in transporting building materials from factories in Europe to construction sites in the UK, providing Brickability with its own pan-European transport network. Bathroom Barn is a supplier of radiator valves, elements and traditional valves to distributors and retailers and will be integrated into Brickability’s “Towelrads business”.
Brickability CEO Alan Simpson has said “[the acquisition of McCann] is a significant deal for Brickability. By bringing McCann into the Group we are securing our supply lines and reducing the risk of Brexit-related delays to logistics and haulage post 1st January…” and that Bathroom Barn “is a perfect partner for our highly successful Towelrads business and adds significantly to our product offering in this area.”
Corporate partner Beverley Jones and senior associate Tom Saunderson led the transactions, with cross-departmental support from Ben Honour, Emma Hutchings and Chris Doherty.