Brickworks spends big to expand to the United States.
Leading Australian building products group, Brickworks (ASX:BKW) is to spend $151 million buying one of the US’s largest brick makers, Glen-Gery. The company announced it would buy America’s fourth largest brick maker to take it into new markets and as a basis for growth. Brickworks Managing Director, Lindsay Partridge said: “The acquisition of Glen-Gery represents…