Brick maker Ibstock has taken a 75 per cent share in fireproof cladding manufacturer Generix Facades.
The move will help Leicestershire-based Ibstock extend its construction portfolio and the range of façade systems offered by Ibstock Futures – a subsidiary set up to target fast-growing areas of the UK market.
It will also help it meet growing demand from construction firms for lower carbon, non-combustible forms of cladding for use in the mid-high rise and modular market segments.
