The acquisition represents a further strategic step in broadening the range of façade systems offered by Ibstock Futures, as the construction market seeks lower carbon, non-combustible forms of cladding for use in the mid-high rise and modular market segments. 

The acquisition of Generix aligns closely with the strategy for Ibstock Futures to become a market leader in façade products and solutions that combine the aesthetic appeal of traditional materials with higher productivity and a lower environmental footprint. The cost of the investment in Generix is small, but the Board believes that the business has the potential to grow significantly within the Ibstock platform.

Learn more about Generix.