Pavestone UK Limited, the independent manufacturer and distributor of domestic hard landscaping & building materials, has completed a buyback of 54.8% of its issued shares. Following the death of Pavestone founder Kevin Fowler in July 2020, the Fowler Trustees (beneficiary), approved the sale and transfer of the shareholding back to …
Read More »Brickability wins AIM award
Brickability Group plc, the construction materials distributor, won the AIM ‘Transaction of the Year Award’ at this year’s AIM Awards, on 14 October 2021. The AIM Awards celebrate companies that have made outstanding achievements on the world’s most successful growth market, recognising the quoted companies and entrepreneurs who have harnessed …
Read More »Cement companies vow to cut carbon
Forty leading cement and concrete manufacturers have joined forces and are pledging to cut CO2 emissions by a further 25% by 2030. The Global Cement and Concrete Association includes counts companies such as CEMEX, CNBM, CRH, HeidelbergCement, Holcim and Votorantim as members, all of whom have signed up to a roadmap, detailing …
Read More »Keylite kicks off new challenge
Keylite Roof Windows is challenging its UK merchant partners and friends to #KickItWithKeylite, in the name of raising £30,000 for three children’s charities. The Kick It With Keylite Challenge in Ireland has raised funds for Children’s Health Foundation Crumlin and Northern Ireland Children’s Hospice. The challenge involves participants seeing how …
Read More »IPG addresses change at biennial conference
Plumbing and heating buying group the IPG held its biennial conference at the Mermaid Theatre in London on October 1, with the theme The Changing World of Business. The conference focussed on facilitating the discussion of managing change while maintaining business as usual, with much emphasis placed on the underlying …
Read More »BMF’s Covid response wins multiple Awards
Builders merchants trade association the Builders Merchants Federation’s Covid-19 support for members has won two prestigious Association Excellence Awards. The BMF’s entry covering “Getting Merchants Back to Business” won the overall Award for the Best Membership Support during Covid 19 (under 800 members) category, as well as a bronze award …
Read More »Construction output falls for fifth month
Supply chain issues saw construction output fall in August, according to the latest figures from ONS, the fifth month in a row that this has happened. New work levels are now 3.7% below where they were in February 2020, just before the pandemic effects took hold. Although a small fall, …
Read More »Marley plugs float plans due to market uncertainty
Marley, the UK’s biggest manufacturer of roof tiles, has postponed a £500 million plan to list on the stock exchange due to “market volatility”. There are rising investor concerns about the state of the economy and the outlook for markets, due to widespread disruption to global supply chains and spiralling …
Read More »VAT cut needed for spiralling energy bills, says industry body
When global shocks hit home, it is the duty of a government to mitigate the impact. That’s according to Mike Foster CEO of the not-for-profit energy trade association the Energy & Utilities Alliance, who is calling for the Government to reduce VAT on energy bills this winter. He says “Energy …
Read More »Palladium tees off for charity day
Independent builders merchant Palladium held its charity golf day earlier this month, making the most of the perfect, if unseasonable, October sunshine. The event was held at Bigbury Golf Club & Golf Shop and featured fun golf games as well as a proper competition. Company Directors Gary and Keith Olver …
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