4D Capital Partners LLP (“4D”) has announced the acquisition of York Handmade Brick Company, which is based at Alne, near Easingwold, the multiple award-winning manufacturer of bespoke and premium handmade bricks.
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York Handmade’s winning entry featured work at the new Bustardthorpe Stand and Roberto Pavilion at York Racecourse.
Alex Silk, Founder of 4D, said: “We are delighted to have added York Handmade to our building products group. Like Hepworth, it is a heritage brand producing high quality products and we are very proud to become its custodians. We are particularly pleased that Guy Armitage has chosen to work with us in the business. As a fifth generation brickmaker, his knowledge and passion will be integral to us realising our ambitions for the business.”
Guy Armitage, MD of York Handmade, said: “I am delighted to be working with 4D and Hepworth. Their expertise and track record in this sector are exactly what we need to take York Handmade to the next level.”
This deal has prevented the brickmaker going into administration, saved 20 jobs and secured its long-term future.
York Handmade is famous for using the finest materials and traditional techniques to make bricks of exceptional quality for heritage restoration and distinctive new build projects. Its bricks have been used in the Shard, the Said Business School in Oxford and Magdalene College Library in Cambridge. The business will form part of 4D’s building products group, together with Hepworth Clay.
Hepworth Clay is the only large-scale UK manufacturer of vitrified clay pipes and associated fittings used for drainage purposes. It also manufactures a range of terracotta products for the construction and ventilation of domestic flue and chimney systems. The first 6 months of 4D’s ownership has already yielded £1.9 million of annualised EBITDA improvements.
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