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Forterra sells Swadlincote facility for GBP14 million

26th Aug 2021 10:46

(Alliance News) - Forterra PLC on Thursday said it has completed the sale of a site in England's East Midlands region for GBP14.2 million.

The building products manufacturer said the site in Swadlincote contained a concrete flooring factory.

Forterra will lease part of the site until the end of the year, as remaining operations are wound up.

"It is a condition of the sale that the Swadlincote site will not be used for the manufacture of building products," Forterra said.

Forterra shares were 0.3% lower at 305.00 pence each in London on Thursday morning.

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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