Business
Sale of Dunton Brothers brickworks
Sale of Dunton Brothers brickworks.
About this update from Michelmersh Brick Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 6628J Michelmersh Brick Holdings PLC 30 June 2017 \n\n30 June 2017\nMichelmersh Brick Holdings Plc \n(the \"Company\" or \"Michelmersh\" or the \"Group\")\n \nSale of Dunton Brothers brickworks\n \nMichelmersh Brick Holdings PLC (AIM: MBH), the specialist brick, land development and landfill company, is pleased to announce that it has completed on the sale of its former Dunton Brothers brickworks at Chesham in Buckinghamshire, for a total consideration of £2.68 million in cash. The net proceeds will be added to the Group's cash reserves as previously announced. \n \nEnquiries:\n \n\n\n\n\nMichelmersh Brick Holdings Plc\nFrank Hanna, Joint CEO\nStephen Morgan, Finance Director\n \n\n\n01825 430 412\n\n\n\n\nCenkos Securities plc\nBobbie Hilliam (NOMAD)\nHarry Pardoe\nAlex Aylen (Sales)\n\n\n020 7397 8900\n\n\n\n\nYellow Jersey PR \nCharles Goodwin\nAbena Affum\n\n\n07747 788 221\n07555 159 808\n\n\n\n\n \n \nAbout Michelmersh Brick Holdings PLC:\nMichelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.\n \nEstablished in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 100 million clay bricks, tiles and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.\n \nMichelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come.\n \nWe are Michelmersh Brick Holdings PLC: we are \"Britain's Brick Specialist\".\n \nPlease visit the Group's websites at: ...