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Macquarie Capital is answerable with alive up a client for Boral ’s roof tiles business as MD Mike Kane looks to alter balance abroad from Australia and against the US and Asia.
["1136.84"]Quality Designer Roof Tiles | NSW| Bristile Roofing | Bristile Designer Roof TilesBoral’s all-around brick business and the $100 million Australian balk analysis are additionally beneath review.
Boral Roofing food accurate roof tiles from its three plants in Sydney, Melbourne and Adelaide as able-bodied as terracotta roof tiles from its bulb on the NSW Central Coast.
["727.5"]Bristile Roof Tiles - Complete Roofing Penrith | Bristile Designer Roof TilesThe roof tiles business generates about $70 million to $80 million in sales and about $2 million to $3 million in profit.
Its asset amount is about in the adjustment of $40 million to $50 million, sources say, but it appears absurd Boral could get a amount in that region.
["942.84"]Bristile Roofing | Bristile Designer Roof TilesHousing approval numbers accept been active hot but appeal for roof tiles tends to lag added materials. Last anniversary Brickworks appear a full-year sales abatement in its Bristile Roofing business, although it said drive started to aces up in the additional half.
Aside from Brickworks and Boral, CSR is the added big amateur in Australian roof tiles, through Monier.
["727.5"]Bristile Roof Tiles - Complete Roofing Penrith | Bristile Designer Roof TilesThe roof asphalt auction action is heating up as the Australian Competition and Consumer Commission mulls Boral’s east bank brick collective adventure with CSR.
Kane’s US brick business is additionally accomplished for some M&A activity, although Boral would be a agent rather than a buyer.
["481.12"]Planum Range – Flat Clay / Terracotta Roof Tiles by Bristile ... | Bristile Designer Roof TilesThe IPO of Hanson Building Products business could be a agitator for mergers and JVs amid US brick makers. Berkshire Hathaway ’s Acme Brick and Wienerberger are two added names in any abeyant brick deal.
Kane is additionally attractive to bolt on a few assets in the US, area Boral ability attending to bolster its fly ash, roof tiles, bean or trim composites businesses.
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