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RSM’s merger and acquisition (M&A) and private equity (PE) teams have advised on the sale of PVH Holdings Limited (PVH) to Brickability Limited (Brickability), backed by Promethean Investments.

The client

PVH is an East Yorkshire-based supplier of bricks, roofing tiles and blocks to merchants, architects, developers, housebuilders, and self-builders, along with roofing installation services. The sale to Brickability, a leading distributor of masonry, cladding, bricks and other construction materials, will form part of its plan to create a national building materials group.

RSM’s solution 

We led the transaction on behalf of the vendor, providing financial and tax advice on the deal structure, negotiating terms and project managing the transaction to completion.

Transaction team: Steve Hubbard, Amy Lewis and Umito Choji

Testimonial

‘Simon Pearson and I are delighted to be joining forces with Brickability. The combination of the businesses creates a group with critical mass and strength in the brick, tile and roofing sector and we are confident that the group will prosper in the future.’

Arnold Van Huet, Director

PVH Holdings Limited