Ibstock acquire Coltman Precast Concrete

Ibstock has acquired Birmingham-based Coltman Precast (Valerie Coltman Holdings Limited), one of the largest independent suppliers of precast concrete products, for an undisclosed sum.

Ibstock said the purchase of Coltman’s 3.74 ha facility in Sutton Coldfield, which manufactures hollowcore and staircases, has the capabilities to expand its current range, whilst also increasing manufacturing capacity, which supports its Flooring and Structural concrete growth plans. 

Tim Wright, commercial sales operations director, Ibstock said: “The acquisition of a brand as well-known and respected as Coltman Precast is a significant milestone for Ibstock. We believe it further increases Ibstock Group’s ability to manage the short-term challenges which are being impacted by the wider economic climate, whilst helping us plan and work towards longer term success.”

Coltman Precast Established in 1972, Coltman Precast has grown into one of the UK’s largest suppliers of precast concrete products to the construction industry. 

The central location of Coltman’s Midland-based factory complements Ibstock’s existing flooring factories in the South (Sittingbourne) and the North (Dewsbury), enabling the business to competitively deliver a full portfolio of precast concrete products at a national level.