British brick maker Forterra aims for London listing

Brick maker Forterra, previously known as Hanson's UK building products division, said on Tuesday it would float in London next month, aiming to capitalise on demand from house builders in Britain. Chief Executive Stephen Harrison said an independent listing was the next step for the maker of the popular London brick as it looked to increase its production capabilities.
"The fundamentals of our industry are attractive and with our efficient manufacturing base, strong positions across all product categories, long-standing customer relationships, and significant scope for future capacity expansion, Forterra is very well placed for the future," he said.