Sources: Brickworks North America Corp., Philadelphia; CP staff Brickworks North America subsidiary Glen-Gery Corp. has acquired one its top architectural customers: Upper Marlboro, Md.-based Capital Brick, a leading masonry products distributor serving the Washington D.C. metropolitan area since 1981. The bolt-on deal expands Glen-Gery’s Maryland and Virginia footprint, dovetails the recent opening of a design studio in Baltimore’s Fells Point…
Read MoreTag: masonry products
ATLAS ASSETS SUIT BRAMPTON BRICK
Canada’s second largest clay unit operator,Brampton Brick, anticipates an early-2014closing on the assets of concrete building andhardscape producer, Atlas Block, includinga Hillsdale, Ontario, flagship plant. The $12million–$14 million transaction is throughcourt-appointed receiver KPMG Inc., and allowsthe suitor to add concrete masonry capacity andtake advantage of cost-saving synergies by consolidatingproduction of similar items.
Read More