M&A Deal Summary

Brickworks Acquires Sioux City Brick

On August 23, 2019, Brickworks acquired building materials company Sioux City Brick for 32M USD

Acquisition Highlights
  • This is Brickworks’ 4th transaction in the Building Materials sector.
  • This is Brickworks’ 3rd largest (disclosed) transaction.
  • This is Brickworks’ 2nd transaction in the United States.
  • This is Brickworks’ 1st transaction in Iowa.

M&A Deal Summary

Date 2019-08-23
Target Sioux City Brick
Sector Building Materials
Buyer(s) Brickworks
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

Sioux City Brick

Sioux City, Iowa, United States
Sioux City Brick is a privately-owned US brick manufacturer having 3 modern production lines with a total capacity of around 160 million bricks per year, located at 2 manufacturing plants, both in Iowa.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Brickworks

Horsley Park, Australia

Category Company
Founded 1934
Sector Building Materials
Employees1,886
Revenue 1.2B AUD (2023)
DESCRIPTION

Brickworks is a manufacturer and distributor of concrete and clay building products. Brickworks specializes in property, investments, and the manufacture and distribution of building products for the residential and commercial markets. Brickworks was founded in 1934 and is based in Horsley Park, Australia.


DEAL STATS #
Overall 5 of 11
Sector (Building Materials) 4 of 10
Type (Add-on Acquisition) 1 of 3
State (Iowa) 1 of 1
Country (United States) 2 of 7
Year (2019) 1 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-22 Glen-Gery

Wyomissing, Pennsylvania, United States

Glen-Gery Corp. is a manufacturer of bricks by volume of despatches in the Northeast and Midwest regions of the United States, with a network of ten manufacturing plants, ten distribution centers, and 29 active quarries, covered by 20 active quarry permits.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Redland Brick

Williamsport, Maryland, United States

Redland Brick, Inc. is a manufacturer of handmade, molded and extruded face brick, pavers and thin brick for the architectural and residential markets. Redland Brick, Inc. operates four brick manufacturing plants in Williamsport and Rocky Ridge, Maryland, Lawrenceville, Virginia and Pittsburgh, Pennsylvania. Redlands brands include Cushwa, Harmar, Rocky Ridge, Lawrenceville Brick, and Tru-Brix.

Buy $48M